TomD8
Level 15

Retirement tax questions

Your first RMD must be taken by April 1 the year after you retire.  The investment company that holds your 401K will normally calculate your RMD for you.  Otherwise, the IRS offers worksheets:  https://www.irs.gov/retirement-plans/plan-participant-employee/required-minimum-distribution-workshe...

**Answers are correct to the best of my ability but do not constitute tax or legal advice.