Getting ready for RMDs

Required minimum distributions (RMDs) are yearly withdrawals from your retirement account that begin the year you turn 72.

  • Find out your deadline for taking RMDs
  • See your estimated RMD and track your distributions each year
  • Set up electronic funds transfer so that you can easily withdraw your money when you’re ready
  • Review and update your beneficiaries
  • Annually assess your retirement income strategy