List of accounts with an unmet RMD

A Required Minimum Distribution (RMD) is the minimum amount of money that must be withdrawn from certain types of tax-advantaged retirement accounts each year, starting from a specific age.

The age at which individuals must start taking RMDs is generally 72 years old for most retirement accounts, such as Traditional IRAs and 401(k)s. However, it's important to check for any changes in the rules, as tax laws can be subject to updates.

The specific amount of the RMD is calculated based on the account balance and life expectancy using tables provided by the IRS. Failing to take the required distribution may result in significant tax penalties.

Symplany One

You can view RMD information for all of your FLD accounts in Symplany One.

On the Accounts page, under the Everything view, sort the RMD column

NetX

You can also access this information in NetX.

On the homepage, under Items for Attention, click Required Minimum Distribution.

(Be sure to select all accounts!)

If you have any questions about NetX, contact the Service Desk.

Looking to request a withdrawal? Click here to learn more.