Merry Xmas! Congress changes RMD rules for the better. If you were born between 1951-1959, you’re beginning RMD age is now 73. If born in 1960 or later, it will be age-75. Merry Xmas!
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Ted Erhart, CFP®
Financial Planner
Anoka, Minnesota
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I think you presented this well, easy to understand, thank you.
lol, too little too late, I am already 72
While good to hear it’s still a mess for seniors to figure out.
If I’m relying on scratch off tickets to fund my retirement, how does RMDs affect me?
This simpliifes it for me: "SECURE 2.0 pushes this out further to age 73 for individuals born between 1951 and 1959 and age 75 for those born in 1960 or later."