Is the Required Minimum Distribution considered a withdrawal on my part?

[fao_kirk-yahoo-c]

The RMD is mandatory...so, I have to pay taxes on that??

[AamilD]

Yes, you will be taxed at  your ordinary income tax rate on the amount of the withdrawn RMD. However, to the extent the RMD is a return of basis or is a qualified distribution from a Roth IRA, it is tax free.

Additionally, Roth IRAs aren't subject to RMD rules.

Please refer to 2021-2022 Tax Brackets and Federal Income Tax Rates for more information on the tax rate which would apply to you based on your income.

[Opus 17]

The reason for the RMD is that IRAs and other tax-advantaged retirement accounts are supposed to be your retirement, not to leave tax-free assets to your children.  You are required to withdraw at least a minimum amount based on your age and the balance in the account.  You can always withdraw more if you want to spend or re-invest it, but if you withdraw less than the required minimum, you will pay a substantial penalty.  Everything that you withdraw, required or not, is subject to income tax.  The whole point of the RMD is to make you take money out and pay the tax, and not leave it tax-free forever.