I’m 72 With a Year Left Before RMDs. Here’s How I’m Shrinking Them Now.

At 72, you may find yourself one year away from required minimum distributions (RMDs), but that narrow window could still offer an opportunity to reduce future mandatory withdrawals. Converting part of a traditional individual retirement account (IRA) to a Roth IRA or taking a voluntary distribution before they begin may help lower your balance. The […] The post I’m 72 With a Year Left Before RMDs.