Tuesday’s legislation would again push back the age Americans need to take RMDs from retirement accounts like 401(k)s from the current age of 72 to 73 in 2023, 74 in 2030 and 75 in 2033.
Makes sense to raise the RMD age over time as the life expectancy of the population goes up. Automatic sign-up is good in a "big brother" kind of way, like "we know what's best for you so we have made that the default for you," I suppose.
