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

Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn.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

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 ...

A required minimum distribution (RMD) is the government's way of ensuring you'll pay taxes on money you once contributed to a ...

Take our RMD quiz to test your retirement tax knowledge. Learn about RMD rules, IRS deadlines, and tax penalties that could ...

Nearly all those 73 and older will have to make a required minimum distribution (RMD) for 2024. This is a mandatory withdrawal from your retirement account designed to force you to pay the taxes on ...

If you're making good use of tax-advantaged retirement accounts such as IRAs and 401(k)s, good for you! They can be powerful helpers as you save and invest for retirement. You need to be aware, though ...

Using retirement accounts is one of the best ways to save for your retirement. Not only are you proactively saving for retirement, but you're also getting a tax break for doing it. Accounts like 401(k ...

Time flies— and never so quickly as we approach the annual deadline for taking required minimum distributions from ...

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

In 2016 I deployed a new DGI portfolio alongside an ETF portfolio for my retirement income going forward. Both portfolios use an RMD withdrawal strategy. This is a journey in how to get more money out ...