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 ...

For the first time in nearly twenty years, on January 1, 2022, the Internal Revenue Service (IRS) updated its actuarial tables for determining required minimum distributions (RMDs) from retirement ...

Based on the letters I’ve received from frustrated readers, clarity and relief are now here. On Feb. 28, the IRS released its official final version of Publication ...

Get Morningstar’s essential reading for financial professionals in Advisor Digest. This month inaugurates not only a new year, but a new set of IRS actuarial tables for determining our clients' ...

Questions abound regarding Required Minimum Distributions — RMDs — in the years leading up to age 72. Age 72 is the year you would start taking your RMDs if you were born after June 30, 1949. This age ...