It's a decision that could come back to bite you.
You were supposed to take a required minimum distribution (RMD) from your retirement account by Dec. 31, 2025. You planned to do it, but you lost track of it in the busyness of the holidays, and now ...
Traditional retirement plans like IRAs and 401(k)s are subject to RMDs. Your first RMD is due by April 1 following the year you turn 73. Failing to take your RMD in full could result in a costly ...