Pensions

7 Things To Know About 2018 Required Minimum Distributions

7 Things To Know About 2018 Required Minimum Distributions

Withdrawals, since not previously taxed, will be included in your taxable ordinary income. RMDs are the minimum that you must withdraw each year — you can always withdraw more, but withdrawing more than the maximum does not allow you to carry over the difference and lowering your RMD in future years.