Starting January 1, 2023, the required minimum distribution (RMD) starting age will increase from 72 to 73. This means that if you turn 72 in 2023, you do not have to take your RMD until 2024. This allows you to benefit from another year of tax-deferred growth in your IRAs. Individuals who met previous RMD age standards must continue to take their RMDs. The RMD age will increase again to 75 in 2033.
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