What’s Changing & What To Watch For
Because laws change, it’s important to stay current. Here’s what to be aware of:
-
The SECURE 2.0 Act (2022) is already changing RMD rules: raising the starting age to 73 (for many), then to 75 in 2033.
-
Penalties for missing RMDs have been reduced, and there are more opportunities to correct mistakes.
-
Employer retirement plan provisions vary: some plans allow you to delay taking RMDs if you’re still working and are not a 5% owner of the company. Check your plan’s rules.
