<p>If you have a DCP or Plan 3 investment account, you're required by the IRS to withdraw a minimum distribution (RMD) from your pretax balance when you reach age 73. We take a look at how the amount you're required to withdraw is calculated. We also look at special cases like inherited accounts and exceptions for those still working.</p>

If you have a DCP or Plan 3 investment account, you're required by the IRS to withdraw a minimum distribution (RMD) from your pretax balance when you reach age 73. We take a look at how the amount you're required to withdraw is calculated. We also look at special cases like inherited accounts and exceptions for those still working.

Ep 75 - RMDs explained: what to expect when you turn 73

A large part of planning for the future starts with how you approach your finances today. Explore some of the basics of financial planning, tools for managing your money and ideas for sparking conversations with friends and family. Join Retirement System employees as they tackle the stigma around money and share their personal financial journeys.

Share Ep 75 - RMDs explained: what to expect when you turn 73

Sign up to save your podcasts

Ep 75 - RMDs explained: what to expect when you turn 73

Ep 75 - RMDs explained: what to expect when you turn 73

More shows like Fund Your Future with DRS

Wait Wait... Don't Tell Me!

Jill on Money with Jill Schlesinger

Money Matters by Allworth Financial

The Lazy Genius Podcast

ChooseFI

Up First from NPR

NerdWallet's Smart Money Podcast

BiggerPockets Money Podcast

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Conan O’Brien Needs A Friend

Office Ladies

Seattle Now

Good Inside with Dr. Becky

Money For Couples with Ramit Sethi

Good Hang with Amy Poehler