By Terry Savage on June 21, 2024 | Financial Planning / Retirement

My birthday is December 21, 1952
Do I have to take money out in 2025 or start April of 2026?

Terry Says

You should take your first distribution in the calendar year you reach age 73.  Actually, you can delay until the following April 15th — but then you’d have to take two distributions in one year.  And that could increase your Medicare premiums.



a personal
finance question