Quote:
Originally Posted by retiredguy123
If you are referring to the new law that changed the required minimum distribution starting age, it changed from 70-1/2 years to 72 years, not 72-1/2 years.
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If you turn 72 after July 1, 2021...you can defer your first RMD until April 1, 2022. However, you must also take your second RMD before the end of the year 2022. This could possibly put you in a higher tax bracket because you've taken two distributions in one year.
