Earnings Test Calculation
A client turns age 73 in 2026 and must begin taking required minimum distributions (RMDs) from her traditional IRA.
Which of the following statements is CORRECT regarding her first RMD?
- It must be taken by December 31, 2026
- It may be delayed until April 1, 2027
- It is not required until age 75
- It can be avoided if the client is still working
