If you turned 73 during a year, you need to take your first Required Minimum Distribution (RMD) by April 1 of the following year. For example, if you turned 73 in 2023, your first RMD would be due by April 1, 2024. However, many people choose to take their first RMD by December 31 of the year they turn 73 to avoid having to take two RMDs in the same year.
If you wait until April 1, 2024 of the following year to take your first RMD, you will also need to take your second RMD by December 31, 2024. This means you would have to take two distributions in one year, which could result in a higher tax bill.
Please read the link I provided.
@thelordsway
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