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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.
‎June 3, 2019
1:29 PM