What's the minimum you're required to withdraw from a $750,000 retirement account?

MoneyWatch: Managing Your Money What's the minimum you're required to withdraw from a $750,000 retirement account? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing roles at The Simple Dollar, Interest, HousingWire and other financial publications. Read Full Bio Angelica Leicht June 3, 2026 / 1:09 PM EDT / CBS News Add CBS News on Google At a certain age, minimum withdrawals are required for those holding funds in a traditional IRA or 401(k). Wong Yu Liang/Getty Images A $750,000 retirement balance can feel like a reward after decades of disciplined saving, and in many ways, it is. That amount of retirement cash will cover years or decades of retirement expenses for the average retiree, especially after you factor in the monthly Social Security benefits most retirees receive. But what some retirees may not realize is that this account balance comes with certain stipulations if the money is sitting in a traditional IRA or 401(k). When your money is sitting in these types of accounts, the Internal Revenue Service (IRS) eventually requires you to withdraw a set amount every year.And, the more you've saved for retirement, the more you're forced to take out annually. These withdrawal requirements, known as required minimum distributions (RMDs), are tied to your age rather than your circumstances, so they don't wait for a strong market or a low tax year to arrive. Every dollar you withdraw counts as ordinary income, which means a large distribution can raise your tax bill at the same time it drains your account, so when — and h...