Find out how the new rules impact you.

Most of us will spend decades stashing money in tax-advantaged accounts, like 401(k)s and individual retirement accounts (IRAs), to build a nest egg that can sustain us in retirement. But eventually, you'll need to tap those funds -- even if you don't need the money just yet -- thanks to something called required minimum distributions (RMDs) , which ensure the IRS eventually gets a cut of those tax-advantaged dollars.

RMDs are mandatory withdrawals from retirement accounts that currently begin at age 73. However, the starting age is slated to increase to 75 in 2033 under the rules of the Secure Act 2.0, which passed in late 2022.

If you have modest savings, mandatory distributions may not be such a big deal because you're probably making withdraw

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