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I'm Starting IRA Withdrawals at Age 65. Will They Count Toward My RMDs Later?

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Summary
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81% Informative

Withdrawals from an IRA that start before required minimum distributions (RMDs) are due can reduce the amount of your future RMDs.

Early withdrawals are an easier and somewhat less effective way to manage RMCs.

Convert all or part of your IRA to a Roth IRA is one way to avoid RMDS .

Starting IRA withdrawals early can potentially reduce future RMDs, but only indirectly.

Taking regular sizable withdrawals starting at age 65 could reduce your IRA balance.

However, you'll owe taxes on withdrawals as ordinary income now.

You may also want to look into a Roth conversion as another way to manage RMD.

VR Score

79

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74

Neutral language

68

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informal

Language

English

Language complexity

42

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not offensive

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not hateful

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not detected

Time-value

long-living

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