JotikaT2
Employee Tax Expert

Retirement tax questions

The Required Minimum Distribution (RMD) is actually a fixed amount that must be taken out each year once you reach 70 1/2 each year.  Your plan administrator should be following the rules to ensure you are taking the RMD. 

 

Attached is a link to the IRS worksheet if you need to determine what amount is.

 

RMD Worksheets - IRS

 

Also is a link with more information on RMD's.

 

What is a RMD help article

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