Trump supported efforts to ease Required Minimum Distributions (RMDs) from retirement accounts like 401(k)s and IRAs. RMDs require retirees to start withdrawing funds at a certain age, which can result in higher taxes and reduced savings over time. His administration raised the RMD age from 70½ to 72 under the SECURE Act and explored further extensions. Some policymakers argue that in... https://www.federalpensionadvisors.com/post/trumps-stance-on-retirement-age