[The Required Minimum Distribution (RMD) age refers to the age at which individuals with certain retirement accounts, such as traditional IRAs and 401(k) plans, are mandated to start withdrawing a minimum amount each year. As of 2023, the RMD age is 72, as per the regulations established by the Internal Revenue Service (IRS). Failing to withdraw the RMD by the specified deadline may result in substantial tax penalties. It is essential for individuals approaching this age to familiarize themselves with the RMD rules and consult with financial advisors to plan their distributions in accordance with the IRS guidelines.]