Have you or your participants taken their RMD yet?

For retirees who turned 72 during the last half of 2021, in most cases, Friday, April 1, 2022, is the last day to begin receiving payments from Individual Retirement Arrangements (IRAs), 401(k)s and similar workplace retirement plans. However, the deadline may be different for you and your particular situation. See the link below to better understand how you may be impacted by RMD rules.

https://www.cpapracticeadvisor.com/tax-compliance/news/21261875/april-1-is-last-day-for-new-retirees-to-take-rmds?fbclid=IwAR2rv09bxnkN31jtQpnLBQ_YC-krP51c_29h8UEaLcFEXdHpRHl6BqOz4EE