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

If you’re 60 years old with $1.2 million saved for retirement in a traditional IRA, you may be starting to think about ...

If your retirement funds are held in a profit-sharing plan such as a 401 (k), 403 (b), 457 (b), or individual retirement ...

Question: I am retired and turning 73 in 2025. My brokerage company just informed me by letter that I am required to take a distribution from my traditional IRA account. I do not need the money and do ...

If you have money in tax-advantaged retirement accounts, you will be required to start taking required minimum distributions (RMDs) in the year you turn 73 if you were born between 1951 and 1959. This ...

Leaving RMD funds in your retirement account throughout the entire year allows more time for growth. Taking RMDs in December can simplify taxes by ensuring you only owe taxes on a single withdrawal, ...

If you withdraw money from your traditional IRA before age 59½, you will likely have to pay a 10% penalty on top of regular ...

You loved the tax break you got when you made retirement account contributions. But now that you're old enough for required minimum distributions (RMDs), you might wish you had gotten the taxes out of ...