First Required Minimum Distribution Deadline: Why Retirees Shouldn’t Miss It

Required Minimum Distribution Deadline

Retirees who turned 72 in 2022 have just a few more days to make their first mandatory retirement plan withdrawal or required minimum distribution (RMD). The first required minimum distribution deadline for retirees is April 1, and if they miss it, they could face a big tax penalty (known as the excise tax) of as […]

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