(Image credit: Getty Images) If you have a traditional IRA or 401(k), required minimum distributions or RMDs are a fact of life. They kick in when you turn 73, requiring you to withdraw a certain amount of money from your account each year. After all, the Internal Revenue Service wants to get paid for all that tax-deferred income you benefited from during your working years, and RMDs are how they do it. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail. Profit and prosper with the best of expert advice - straight to your e-mail. While the IRS is a fan of RMDs, many retirees are not. RMDs are treated as ordinary income and may push you into a higher income bracket.…