That’s because the Internal Revenue Service (IRS) mandates withdrawals from these retirement accounts once you turn 73 (1).

What makes RMDs so frustrating is that they force you to reverse decades of good financial habits. After an entire career of saving, investing and deferring taxes, it can be difficult to switch gears ...

For retirees staring at a looming tax bill from required minimum distributions, there is a little-used maneuver that can ...

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

Waiting until the last minute to make your first RMD can be costly.

Are you fortunate enough to not yet need the withdrawal from your retirement account that the IRS is forcing you to take at some point during the year ahead? If so, congratulations! And don't sweat it ...

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 ...

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

The death of a loved one is hard enough without the added stress of inherited accounts.

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age.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