Your RMD Deadline Is Closer Than You Think -- Miss It and Pay Dearly
With roughly 15 weeks until New Year's Eve, it's time to begin thinking about your next required minimum distribution.
Overview
You're roughly 15 weeks away from Dec. 31, the annual deadline for required minimum distributions (RMDs). While some may look forward to making their annual withdrawal, RMD deadlines are among the most unforgiving dates on the retirement calendar.
Whether you're new to RMDs or practically a pro, here's a reminder of what's expected of you and the cost of not hitting the deadline.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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