Under the Secure Act, the age requirement for RMDs got bumped up from 70½ to 72. This rule change has some confused about when they need to take distributions. If you mess it up, there’s a hefty penalty.
Under the Secure Act, the age requirement for RMDs got bumped up from 70½ to 72. This rule change has some confused about when they need to take distributions. If you mess it up, there’s a hefty penalty.