Year end is an important time to check required minimum distributions (RMDs). If you’re age 74 or older in 2026 and already subject to the RMD rules, you generally must take your 2026 RMD from traditional IRAs and applicable employer retirement plans by Dec. 31, 2026. If you turned — or will turn — 73 this year and 2026 is your first RMD year, you can delay your first RMD until April 1, 2027. But that will mean taking two RMDs in 2027, potentially increasing your taxable income enough to push you into a higher tax bracket and/or negatively affect other tax items. We’re here if you have questions or need help evaluating the tax consequences and determining the best timing for your situation.
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