Is Your First RMD Due April 1?

April Fool's Day is an important required minimum distribution (RMD) deadline for some older adults and retirees.

Blocks showing the date of April 1
(Image credit: Getty Images)

Many older adults and retirees are concerned about when to start taking required minimum distributions (RMDs). (RMDs are the minimum amount of money that must be withdrawn from certain retirement plan accounts every year once the account holder reaches a particular age.) These distributions can have significant practical, financial, and tax implications.

However, RMD rules, which apply to a range of retirement savings plans, have changed. For example, a few years ago, the SECURE Act raised the age for taking RMDs from 70.5 to 72. But when the SECURE 2.0 Act became law, the RMD age rose to 73. That raised questions for many about when RMDs were supposed to begin.

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Kelley R. Taylor
Senior Tax Editor,

As the senior tax editor at, Kelley R. Taylor simplifies federal and state tax information, news, and developments to help empower readers. Kelley has over two decades of experience advising on and covering education, law, finance, and tax as a corporate attorney and business journalist.