The last chance for some retirees to avoid a 25% tax penalty is April 1
 
                        If you turned 72 in 2022, the last chance for your first required minimum distribution is April 1 or you may face a 25% tax penalty.
 
                        If you turned 72 in 2022, the last chance for your first required minimum distribution is April 1 or you may face a 25% tax penalty.