11/02/2026
Turning 73 comes with a tax deadline most people don't hear about until it's too late.
Once you hit 73, the IRS requires you to withdraw a minimum amount from your traditional IRA and 401(k) every year—it's called a required minimum distribution. You must take this year's RMD by December 31.
Miss it, and you'll pay a 25% penalty on what you should have taken out. Not 25% tax—a 25% penalty, on top of regular tax.
Not sure if you've taken yours, or how much it should be? Reach out, and we'll figure it out while there's still time.
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