A retiree turns 73 and takes his first required minimum distribution (RMD) from a long-untouched traditional IRA. Two years later, a letter from Social Security arrives explaining his Medicare ...
A $1.4 million traditional IRA triggers a mandatory $53,000 RMD at age 73, calculated using the IRS Uniform Lifetime Table divisor of 26.5. Stacking the RMD on Social Security pushes single filers ...