Congress revised rules on required minimum distributions (RMDs) that retirees must start taking in their 70s from tax-deferred retirement accounts.
Many workers aren’t ready to retire at the traditional retirement age of 65 and instead continue working into their 70s. While they can postpone retirement, they can’t entirely delay taking required minimum distributions (RMDs) from tax-deferred retirement accounts. If you’re working into your 70s, here’s what you need…