Required minimum distributions (RMDs) are withdrawals you have to make from most retirement plans (excluding Roth IRAs). The age for withdrawing from retirement accounts was increased in 2020 to 72 ...

Quick Read Missing an RMD triggers a 25% penalty on the required amount. Acting within two years reduces it to 10%. RMDs ...

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

Failure to make your full RMD withdrawal can result in a 25% penalty tax. Missing a withdrawal due date is an easy way to be hit with a bigger tax bill. Making a qualified charitable distribution can ...

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

An RMD is an amount you must withdraw from certain retirement accounts once you’re 73. You can calculate your RMD using the IRS uniform lifetime table. You may be subject to excise taxes if you fail ...

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 ...

If you are retired, this is the perfect moment to review your investment exposure and — if you will be older than 73 this ...

You don't have to take RMDs from Roth accounts. RMDs are based on your age and your account balance at the end of the previous year. The $23,760 Social Security bonus most retirees completely overlook ...

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age. These mandatory ...

Required minimum distributions (RMDs) are the minimum amounts you must withdraw from your retirement accounts, including traditional IRAs and 401(k)s, once you reach age 73. The amount you have to ...