Advantages of Automating Your RMDs (Required Minimum Distributions) in Retirement

You may not realize it, but some tax-advantaged retirement accounts such as traditional IRAs, SEP IRAs, and SIMPLE IRAs, will require that you take Required Minimum Distributions (RMDs) once you reach the age of 73. This applies to some 401(k) plans, too, though if you’re still working at age 73, you can delay. It generally doesn’t apply to Roth accounts.There are a lot of good reasons to automate your RMDs, and reasons why you might not want to do so. Let’s review them.Image source: Getty Images.Continue readinghttps://www.fool.com/retirement/2025/08/31/advantages-of-automating-your-rmds/

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Marius Grobler is an authorised representative and Key Individual of Trive South Africa (Pty) Ltd FSP 27231. 
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