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

Failing to take your RMDs can result in a 10% or 25% penalty on the amount not withdrawn. There are advantages to taking RMDs ...

Required minimum distributions (RMDs) begin the year someone turns 73 years old. RMDs are based on your age and account value ...

If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...

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Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age.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

Once you hit required minimum distributions age (73), how much control do you have over the timing, amount, and source of your distributions? Let’s examine each of the levers. Retirees exert some ...

If you play your cards right, you can avoid an unwanted tax bill. When I first started working full-time and was able to make retirement plan contributions, I was admittedly torn between a traditional ...

One of the pros of retirement accounts like 401(k)s and traditional IRAs is that contributions can lower your taxable income. However, getting a tax break upfront doesn't mean you're off the hook ...

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 ...