Have Multiple Retirement Accounts?
<p>First, the good news, per the Secure Act II signed into law last year effective 2024, there is no longer a RMD stipulation on Roth 401(k) plans. Another advantage to retirees was the additional year a person born in 1951 has to leave their money in their retirement accounts.</p>
<p>If you turned 72 in 2022, you had to take RMDs for the year 2022, you could have waited until April 2023 to take your first withdrawal. However, if you turn 72 in 2023, you have another year before you must withdrawal money from your deferred accounts (actually for your first RMD you’ll be able to defer it until April 2025).</p>
<p><a href="https://medium.com/life-after-work/have-multiple-retirement-accounts-5527f1e66f33"><strong>Learn More</strong></a></p>
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