The stock market is tanking. It’s down nearly 20 percent year to date.

Bonds haven’t done so well either.

And the IRS doesn’t care.

If you’re 73 or older, you still have to take your annual RMD (required minimum distribution) from your traditional IRA, SEP-IRA, or SIMPLE IRA by the end of the year. (RMDs are not required for Roth IRAs so long as the account holder is living.)

If you turn 72 this year, you can wait until April 1 of next year to take your first RMD—but you’ll also have to take your second RMD by the end of that year.

Your RMD is a percentage of the total value of your retirement accounts based ... Log in to view full article.