when must i start taking rmd

Description

https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-required-minimum-distributions

Retirement Plan and IRA Required Minimum Distributions FAQs
https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-required-minimum-distributions
The Secure Act made major changes to the RMD rules. If you reached the age of 70½ in 2019 the prior rule applies, and you must take your first RMD by April 1, 2020. If you reach age 70 ½ in 2020 or later you must take your first RMD by April 1 of the year after you reach 72.

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-required-minimum-distributions-rmds

Retirement Topics — Required Minimum Distributions (RMDs …
https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-required-minimum-distributions-rmds
You must take your first RMD (for 2021) by April 1, 2022, with subsequent RMDs on December 31st annually thereafter. Terms of the plan govern A plan may require you to begin receiving distributions by April 1 of the year after you reach age 70½ (age 72 if born after June 30, 1949), even if you have not retired.

https://www.aarp.org/money/taxes/info-2020/required-minimum-distribution-rules.html

Rules for Taking RMDs From Your Retirement Savings
https://www.aarp.org/money/taxes/info-2020/required-minimum-distribution-rules.html
Under the new rules, if you turned 70 on July 1, 2019, or later, you don’t have to take an RMD for 2019. Instead, you must take your first RMD for 2021, the year when you turn 72, by April 1, 2022. That means your money can now linger a little longer in tax-deferred paradise. The extended April 1 deadline only applies to your very first RMD.

https://www.kiplinger.com/article/retirement/t045-c000-s001-rmds-when-to-take-one-and-how-to-calculate-it.html

RMDs: When You Must Take Them | Kiplinger
https://www.kiplinger.com/article/retirement/t045-c000-s001-rmds-when-to-take-one-and-how-to-calculate-it.html
If you were born on July 1, 1948, through June 30, 1949, you turned 70½ in 2019, and you fall under the old rules. Your first RMD is due by April 1, 2020 (you get a little extra time to take your…

https://www.investopedia.com/articles/retirement/04/120604.asp

Taking Required Minimum Distributions? These Mistakes …
https://www.investopedia.com/articles/retirement/04/120604.asp
Generally, starting at age 72, you must take required minimum distributions (RMD) from your retirement accounts by Dec. 31 of each year (except 2020, when they were eliminated due to the COVID-19…

https://smartasset.com/retirement/rmd-table

IRA Required Minimum Distributions Table 2021 – SmartAsset
https://smartasset.com/retirement/rmd-table
You must take out your first required minimum distribution by April 1 of the year after you turn 70.5. For all subsequent years, you must take the money out of your accounts by Dec. 31. Here is the RMD table for 2021, based on information from the IRS: How to Calculate Your RMD

https://www.kiplinger.com/retirement/retirement-plans/required-minimum-distributions-rmds

The Basics of Required Minimum Distributions: 12 Things …
https://www.kiplinger.com/retirement/retirement-plans/required-minimum-distributions-rmds
The SECURE Act changed when you must start taking RMDs. Under the 2019 legislation, if you turned 70 ½ in 2019, then you should have taken your first RMD by April 1, 2020.

https://www.kitces.com/blog/secure-act-age-72-required-minimum-distribution-rmd-age-70-1-2-qcd-2020/

Switching To New Age 72 RMD Rules Under SECURE Act

How Required Minimum Distribution (RMD) Changes Under The SECURE Act Impact Retirement Accounts

Lifetime Required Minimum Distributions (RMDs) To Begin At Age 72 Under SECURE Act. Section 114 of the SECURE Act increases the age at which an IRA owner, or participant in an employer-sponsored retirement plan, must generally begin taking RMDs, from the year in which they turn 70 ½, to the year in which they reach age 72, instead.

https://www.nj.com/advice/2020/01/when-do-i-have-to-take-my-ira-distribution-under-the-secure-act.html

When do I have to take my IRA distribution under the …
https://www.nj.com/advice/2020/01/when-do-i-have-to-take-my-ira-distribution-under-the-secure-act.html
Alternatively, Cocco said, you still have the ability in your first year of RMDs to delay the first RMD, but then you must take two RMDs in 2023, with one coming before April 1.

https://www.forbes.com/sites/kristinmckenna/2020/01/10/you-can-now-take-required-minimum-distributions-at-72-but-should-you/

You Can Now Wait Until 72 To Take Required Minimum …
https://www.forbes.com/sites/kristinmckenna/2020/01/10/you-can-now-take-required-minimum-distributions-at-72-but-should-you/
10 janv. 2020The Secure Act increased the required minimum distribution (RMD) age from 70 1/2 to 72, marking the first change to the RMD age since first becoming law in 1986. The age increase will only apply to…