Retirees with tax-deferred accounts need to know when to take required minimum distributions (RMDs) and how to calculate the ...

In general, anyone with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) beginning at age 73. RMDs are calculated by dividing the retirement account ...

Knowing how much you need to withdraw can save you from unnecessary penalties.

This article discusses what RMDs are, how they work, what accounts have them, when you need to take them, how to calculate ...

Retirement accounts like the 401(k), 403(b), and traditional IRA are tax-deferred, meaning you get a tax break upfront (the ability to deduct contributions from your taxable income), but you must ...

Required minimum distributions (RMDs) start in the year someone turns 73. The penalty for not taking RMDs can be up to 25% of the missed amount. The penalty for missed required minimum distributions ...

Let's be honest, retirement planning already feels overwhelming without worrying about missing critical deadlines. Yet ...

Do the ins and outs of required minimum distributions (RMDs) from individual retirement accounts (IRAs) have you feeling a bit overwhelmed? Maybe you're turning 73 years old this year and will soon be ...

Once you turn 73, the IRS requires you to take taxable withdrawals from ordinary (non-Roth) IRAs. While these distributions are taxable, they’re also opportunities to restructure your portfolio or ...