When Should I Take My First RMD?

You may not be thinking about required minimum distributions (RMDs) throughout your career, but chances are that they’ll be on your mind once you hit your 70s. RMDs are a critical part of retirement planning. A financial advisor can help you prepare for these mandatory withdrawals, which can have a significant impact on your taxes. […] The post When Should I Take My First RMD? appeared first on SmartReads by SmartAsset.