RMD Deadline Reminder

in Financial News 1 min read

Required Minimum Distributions from traditional IRAs and 401(k)s must be taken by December 31. Missing the deadline results in a 25% penalty on the amount not withdrawn.

Richard Hayes

Richard Hayes

Author & Expert

Jason Michael is the editor of Wealth Rollover. Articles on the site are researched, fact-checked, and reviewed by the editorial team before publication. Read our editorial standards or send a correction at the editorial policy page.

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