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RETIREMENT
Required minimum distributions are due Dec. 31.
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§ 1 · RETIREMENT
Age 73, or 75 if born in 1960 or later, with a traditional IRA or 401(k).
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§ 2 · RETIREMENT
Your first RMD can wait until April 1, but then you take two in one year.
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§ 3 · RETIREMENT
Divide last Dec. 31 balance by your IRS life expectancy factor.
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§ 4 · RETIREMENT
Miss it and pay 25% of the shortfall, cut to 10% if fixed in time.
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§ 5 · RETIREMENT
At 70½+, a QCD from your IRA can count toward your RMD tax-free.
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Deadlines, the math, penalties and tax-saving moves, in our full guide.
Photo: Geoff Charles / Wikimedia Commons (CC BY-SA 4.0)