Retirement Income Planning Doesn’t Start or End at Retirement
If you’re saving for retirement through the Aramco Savings Plan, it's crucial to understand how the IRS’ required minimum distributions (RMDs) impact you. Once you turn 73 (if born in 1959 or earlier) or 75 (if born in 1960 or later), the IRS mandates withdrawals from your tax-deferred accounts, such as IRAs and 401ks.