Video Tips: 2023 RMD Age Updates

As part of the SECURE 2.0 Act the age to start taking required minimum distributions from traditional individual retirement plans and 401(k)s rises to 73 for 2023 and to 75 a decade later, giving accounts more time to grow in value. Penalties for not taking RMDs are substantially reduced.

Share this article...

Join our South Bay chapter newsletter list.

Stay in contact with your South Bay chapter of Enrolled Agents!

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .