Dossier
Mark Van Drunen
Coverage of Mark Van Drunen in the Nexus archive.
- How to Take Required Minimum Distributions
Required minimum distributions (RMDs) mandate withdrawals from traditional retirement accounts starting at age 73, with strategies like early planning and Roth account conversions suggested to minimize tax impacts. Experts advise avoiding penalties by adhering to withdrawal rules and leveraging tax-efficient methods such as charitable donations.