Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn. Prior ...

Required minimum distribution amounts are calculated by dividing a life expectancy factor into the relevant account balance ...

A required minimum distribution is money that must be taken out of a retirement savings plan. More specifically, RMDs are the minimum amounts that must come out of given retirement plan accounts each ...

If you're 73 or older, there's a good chance the IRS is expecting you to take a required minimum distribution (RMD) this year ...

The rules governing mandatory withdrawals from tax-favored retirement accounts have seen many changes in the past twelve months. The Coronavirus Aid, Relief, and Economic Security (CARES) Act provided ...

There have been many changes recently in the tax laws that affect retirement accounts and their associated required minimum distributions (RMDs). Specifically, the CARES Act enacted last spring waived ...