IRA Required Minimum Distributions Table 2023 - SmartAsset
smartasset.com › retirement › rmd-tableJan 10, 2023 · Once you reach a certain age, though, you’ll have to start taking a minimum amount out of your account each year, called a required minimum distribution (RMD). The RMD table the IRS provides can help you figure out how much you should be withdrawing. This guide will take you through how to use the RMD table, explain what it means for your retirement and discuss what happens if you don’t hit the required minimum distribution for a given year.