Required minimum distribution amounts are calculated by dividing a life expectancy factor into the relevant account balance ...

Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn. Prior ...

RMDs, or required minimum distributions, are withdrawals you're forced to take each year if you don't want to get hit with a ...

But there's a major drawback to having a traditional retirement account. Once you turn 73, you'll be forced to take required ...

Calculating your RMD only requires two numbers. You'll need your retirement account balance as of Dec. 31, 2024. Check with ...

For recent retirees, required minimum distributions (RMDs) become a way of life at age 73 (75 if you were born in 1960 or ...

For retirement account owners who plan on selling an asset to free up cash to complete this required distribution, some times to act are better than others. But don’t become so insistent on finding ...

If you're 73 or older, there's a good chance the IRS is expecting you to take a required minimum distribution (RMD) this year ...

A qualified charitable distribution is a direct transfer from your pretax IRA to a qualified charity. Instead of withdrawing ...

Recently, I’ve wondered if it makes sense to transfer the inherited IRA to a non-retirement account, take the tax and ...

A required minimum distribution is money that must be taken out of a retirement savings plan. More specifically, RMDs are the minimum amounts that must come out of given retirement plan accounts each ...

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 ...