Withdrawing from an IRA
Your IRA savings is always yours when you need it—whether for retirement or emergency funds. Before you withdraw, we’ll help you understand below how your age and other factors impact the way the IRS treats your withdrawal.
Investing involves risk, including risk of loss.
The change in the RMDs age requirement from 72 to 73 applies only to individuals who turn 72 on or after January 1, 2023. After you reach age 73, the IRS generally requires you to withdraw an RMD annually from your tax-advantaged retirement accounts (excluding Roth IRAs, and Roth accounts in employer retirement plan accounts starting in 2024). Please speak with your tax advisor regarding the impact of this change on future RMDs.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917