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RMDs from Trad & Roth

Author
Kevin Jones
Published
Tue 05 Mar 2024
Episode Link
https://rss.com/podcasts/fed-pilot-podcast/1585088

RMDs (Required Minimum Distributions) apply to traditional TSP contributions, where the IRS mandates withdrawals based on age to collect taxes. In the past, RMDs were also taken from Roth contributions, although it didn't align with taxing Roth accounts. However, the law has been updated to only require RMDs from traditional TSP contributions, making the process more logical and in line with tax principles.

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