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

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 ...

This article discusses what you might expect your RMDs to be if you have $1 million inside your retirement accounts, and I'll ...

If you have more than one retirement account, you must calculate your required monthly distributions for each one of them separately. According to the Internal Revenue Service, you can aggregate your ...

Your RMD depends on your account balance, as well as your age. There’s a straightforward way to calculate your RMD for 2025. The important thing is to use the correct IRS life expectancy table.

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 ...

Reaching 72 with $900,000 in tax-deferred retirement accounts means navigating required minimum distributions (RMDs) while ...

If you're turning 73 or older in 2025 and have money in tax-deferred retirement accounts, you're required to take minimum distributions (RMDs) from your savings. In this video, I'll walk you through ...

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age.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

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 Distribution (RMD) refers to the minimum amount you must withdraw from your retirement accounts once you reach a certain age. This IRS-mandated rule requires you to withdraw your RMD ...