5 Costly RMD Mistakes That Will Put a Dent in Your Savings (and How Early Planning Can Help)

Like your golden years, RMDs creep up on you quicker than you think. Planning ahead can prevent you (and your heirs) getting hit with penalties and extra taxes.

# 5 Costly RMD Mistakes That Will Put a Dent in Your Savings (and How Early Planning Can Help) Like your golden years, RMDs creep up on you quicker than you think. Planning ahead can prevent you (and your heirs) getting hit with penalties and extra taxes. **Read the full article:** [Kiplinger](https://www.kiplinger.com/retirement/required-minimum-distributions-rmds/costly-rmd-mistakes-to-avoid) *This article was originally published by Kiplinger. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*