Required Minimum Distribution (RMD)

The Required Minimum Distribution (RMD) is something every retiree should be aware of. It is the smallest amount you must withdraw from your Nazarene 403(b) Retirement Savings Plan every year after a certain age, unless you are still working. If you fail to do so, you may face a significant penalty.

Our 403(b) record keeper, Fidelity Investments, has the latest information on what is involved in determining your RMD at this link. If you need assistance in calculating your RMD, contact Fidelity at 866-629-2736.