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Kiplinger
Kiplinger
Business
Rocky Mengle

New RMD Rules: Starting Age, Penalties, Roth 401(k)s, and More

IRA IRS
Text says: "New Rules!" and is written on note paper pinned to a corkboard.

If you’ve retired and reached a certain age, you must withdraw required minimum distributions (RMDs) from your retirement savings plan to meet your tax obligations.

But in case you missed it, the SECURE Act 2.0 of 2022 (PDF) changed RMD rules. This key piece of legislation offers more than a handful of provisions that simplify retirees' taxes — with more benefits to be added through 2033.

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