2 New Required Minimum Distribution (RMD) Rules Everyone Must Know Before 2025

Traditional IRAs and 401(k) plans allow workers to save pre-tax dollars for retirement. Any contributions can be deducted from gross income, provided modified adjusted gross income does not exceed limits imposed by the IRS. Required minimum distributions (RMDs) are mandatory withdrawals investors must make from traditional IRAs and other tax-deferred retirement accounts on an annual basis.