Required Minimum Distribution (RMD)
by Date of Birth
Anyone born on June 30, 1949 or earlier should have already started lifetime IRA RMDs and is bound by the original age 70 ½ RMD rule. Nothing changes with the original SECURE Act or SECURE 2.0. Continue to take your annual RMDs as normal.
Anyone born on July 1, 1949 through and including December 31, 1950 should have already started lifetime IRA RMDs and is bound by the original SECURE Act RMD age change to 72. Nothing changes with SECURE 2.0. Continue with your existing RMD schedule.
Anyone born on January 1, 1951 through and including December 31, 1959 will use age 73 as their IRA RMD age. People born in 1951 will all turn 72 this year. No RMD is required in 2023 because the rule is now age 73, and they won’t reach 73 until next year.
For Births on January 1, 1960 or Later. We will cross this threshold in 2033.
Any figures cited in examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. All information was obtained from public media sources.