when do you have to take your first rmd
See when to start taking RMDs. Your first RMD must be taken by April 1 of the year after you turn 70Â½. Subsequent RMDs must be taken by December 31 of each year. If you donât take your RMD, youâll have to pay a penalty of 50% of the RMD amount. Get started with our RMD Calendar.