How to Use Your RMD for a Vacation With Your Grandkids

RetirementRequired minimum distributions can mean higher taxes—but they can also fund unforgettable family experiences.Treat yourself and your loved ones. Dreamstime/TCATribune News Service3/30/2026|Updated: 3/30/20260:00By Maurie Backman From Kiplinger’s Personal FinanceFor people with money in a traditional retirement savings plan, required minimum distributions (RMDs) can be a blessing and a curse. While RMDs can inevitably produce a sizable tax bill, they can also serve as an opportunity to splurge on experiences about which you otherwise wouldn’t dream.