The end of the year brings important financial deadlines, notably the required minimum distribution (RMD) for individuals with tax-deferred retirement accounts like 401(k)s and traditional IRAs. Beginning at age 73, RMDs ensure the IRS collects taxes on funds that received upfront tax breaks. For those not taking RMDs for the first time, the withdrawal deadline is approaching, while first-time RMD takers have until April 1, 2026, to make their withdrawals.
