Retirement Withdrawal Strategies: IRS Required Minimum Distr

Navigate required minimum distributions from retirement accounts. IRS rules, calculation methods, and penalty avoidance.

IRS rules require minimum distributions from traditional retirement accounts starting at age 73. RMD calculation uses account balance and IRS life expectancy tables. Failure to take RMDs results in 25% penalty (reduced to 10% if corrected within 2 years). Roth IRAs do not require RMDs during owner's lifetime. Consider charitable qualified distributions to satisfy RMDs while supporting causes. Plan withdrawal strategies to minimize tax impact and preserve retirement savings.\n\n**Related Resources**\n- [Financial Planning Tools](/tools)\n- [Budget Calculator](/budget-planner)\n- [Credit Guide](/category/Debt%20%26%20Credit)\n- [Money Saving Tips](/category/Save%20Money)