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Starting at age 73, the IRS requires you to make annual withdrawals from your tax-deferred retirement accounts. But how much should you withdraw? Should you make a large withdrawal in January or smaller ones throughout the year? Are there tax implications? Should you reinvest the money? This episode of 5 Questions with Fidelity has answers to all these questions and is full of strategies to help you manage your RMDs. prepared for retirement. 00:00: Welcome to 5 Questions with Fidelity 00:31: What are required minimum distributions (RMDs)? 01:31: How are RMDs calculated? 02:26: Do you have to take RMDs? 03:43: When should you take RMDs? 04:50: How can you lower potential taxes on RMDs? 06:31: The bottom line on RMDs Questions? Drop them below 👇 and we’ll reply right in the comments. Watch on Fidelity.com https://www.fidelity.com/learning-cen... Get our latest Insights and perspectives on the markets: https://www.fidelity.com/learning-cen... • To see more videos, subscribe on YouTube: / fidelityinvestments • Follow Fidelity on Reddit: / fidelityinvestments • Follow Fidelity on Instagram: / fidelityinvestments • Follow Fidelity on TikTok: / fidelityinvestments • Follow Fidelity on Facebook: / fidelityinvestments • Follow Fidelity on LinkedIn: / fidelity-investments • Follow Fidelity on Discord: / discord • Ask Fidelity on X: / fidelity Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 1211696.3.0