Putting off distributions and holding assets in your retirement accounts as long as possible may seem like a good idea, but waiting too long can cause a major tax problem. When you reach 70 ½, the trigger requiring minimum distributions (RMDs) from qualified retirement accounts is pulled and a potential tax torpedo is launched.

While 2018 is almost up, there are a few tax moves worth considering:

Putting your tax refund into a retirement account?

Considering depositing your tax refund into your retirement account? Make sure no confusion happens along the way.