Why does the age of my IRA RMD appear wrong?

mhansk1 Quicken Windows Subscription Member

June 2023 edited July 2023 in Budgeting and Planning Tools (Windows)

Quicken incorrectly determines IRA RMD I was born in 1953. I should begin RMD in 2026 the year I turn 73. Quicken shows 2024 as my RMD year. This impedes my retirement planning.

0

Comments

• 

  Scooterlam Quicken Windows Subscription SuperUser ✭✭✭✭

  June 2023 edited June 2023

  Unfortunately, Quicken has not yet updated RMD ages based on the Secure Act 2.0. This is why your RMD withdrawal still shows the prior manditory age. Have a look here for more: 😖

  Update Lifetime Planner to Reflect RMD Changes to IRAs due to SECURE Act

  0

This discussion has been closed.