Retirement Literacy Foundation · Educational Guide

How to Reduce Taxes on Your Required Minimum Distributions (RMDs)

Short answer: RMDs begin at age 73 and are taxed as ordinary income, but you can soften the tax hit with a few strategies. Qualified Charitable Distributions (QCDs) send up to $105,000/yr straight to charity tax-free and count toward your RMD. Roth conversions before age 73 shrink the future RMD base. A QLAC (qualified longevity annuity contract) lets you defer a portion of RMDs to as late as age 85. And careful withdrawal timing keeps you out of higher brackets and IRMAA surcharges.

Four ways to reduce the tax on your RMDs

StrategyWhat it doesWho it's best forKey limit
Qualified Charitable Distribution (QCD)Sends IRA money directly to charity, tax-free, and counts toward your RMDCharitably inclined retirees 70½+Up to $105,000/yr (2024, indexed)
Roth conversion before 73Moves pre-tax dollars to a Roth now, shrinking the future RMD baseAnyone in a low-income "gap" year before RMDs startConversion is taxable in the year you do it
QLAC (qualified longevity annuity contract)Defers RMDs on a portion of your IRA to as late as age 85Those worried about outliving savings who want later incomeUp to $200,000 (2024, indexed) can be used
Withdrawal timing / bracket managementSpreads or times withdrawals to avoid jumping a bracket or IRMAA tierRetirees near a tax-bracket or Medicare-surcharge thresholdMust still take the full RMD each year

Figures reflect 2026 rules and the most recent published IRS limits; dollar caps are indexed for inflation and can change. Confirm current numbers before acting.

Why RMDs can spike your bracket — the "tax torpedo"

For decades your traditional IRA and 401(k) grew tax-deferred. RMDs are how the IRS finally collects — and once they start at 73, they climb every year as a percentage of your balance. For retirees with sizable pre-tax accounts, that forced income can push you into a higher tax bracket, make more of your Social Security taxable, and trigger IRMAA surcharges that raise your Medicare Part B and D premiums. Advisors call this stacking effect the "tax torpedo" — a single RMD can quietly raise the tax on several other parts of your income at the same time.

The most powerful move happens in your 60s

The biggest tax savings usually come from acting before RMDs ever begin. The years after you stop working but before age 73 are often your lowest-income years — and your lowest-bracket window. Filling up the lower brackets with Roth conversions during that gap moves money out of the pre-tax bucket permanently, so future RMDs are calculated on a smaller balance. Done steadily over several years, this can flatten the RMD curve and keep you below key thresholds later. Once RMDs are underway, QCDs and thoughtful withdrawal timing become the main levers.

See what your RMD will actually be

Enter your age and account balance — our free RMD Calculator shows your required withdrawal and how it grows year by year, so you can plan the tax around it.

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Frequently asked questions

At what age do RMDs start, and how are they taxed?

RMDs from traditional IRAs and 401(k)s currently begin at age 73, and every dollar is taxed as ordinary income at your regular rate. Roth IRAs have no RMDs during the original owner's lifetime, which is part of why Roth conversions can help.

What is a Qualified Charitable Distribution (QCD)?

If you're 70½ or older, a QCD lets you send up to $105,000 per year directly from your IRA to a qualified charity. The gift counts toward your RMD but is left out of your taxable income — which can also help keep you under Social Security and IRMAA thresholds.

Can Roth conversions really lower my future RMDs?

Yes. Converted dollars are taxed now but are no longer subject to RMDs, so they shrink the pre-tax balance future RMDs are based on. Converting in your 60s — after work stops but before RMDs begin — is often the lowest-tax window to do it.

The Retirement Literacy Foundation is a 501(c)(3) non-profit. This guide is general financial education, not individualized investment, tax, or insurance advice. Figures are illustrative and change with tax law, inflation adjustments, and your personal situation. Consider speaking with a licensed professional before making decisions.