Born in 1950? The IRS Has a New Deadline for You
wavebreakmedia / Shutterstock.com If you were born in 1950, Uncle Sam has his eye on you right now. That’s because April 1, 2023, is the deadline to take your first required minimum distribution (RMD), essentially a mandatory withdrawal of a minimum amount of money from retirement accounts. That withdrawal is generally considered taxable income. This … Read more
