My retired wife turned 72 in June 2022. We waited until now (January 2023) to set up her Required Minimum Distribution from her former employer, with the understanding that in order to avoid a tax penalty she would be required to take her first RMD before 4/1/2023 and a second RMD this first year also (2023).
She was told by the employee of the Fund Manager that the law changed effective 2023 and now the law says you don't need to take your first RMD until age 73. It seems to me that the law in effect in 2022 would apply and my wife would still need to make an RMD before 4/1/2023.
Am I correct? Thanks in advance.
