At age 73, you must generally start taking RMDs from traditional IRAs and 401 (k)s. That’s even more confusing since recent changes to RMD rules shifted that first RMD age from 72 to 73 last year.

Building on this initial shift, subsequent legislation like SECURE Act 2.0 has further extended the RMD age, first to 73 and then to 75, providing even more flexibility for late-career savers.

HSAs were set to get a glow-up in the House version of the OBBB. Unfortunately for most retirees, the final bill did not include many of the benefits proposed by the House.

Withdrawing money from your IRA before age 75 does not count toward your RMD because you’re not required to withdraw funds until age 73 (or 75 if you were born in 1960 or later).