For recent retirees, required minimum distributions (RMDs) become a way of life at age 73 (75 if you were born in 1960 or later). RMDs are the government's way of ensuring it collects taxes on money ...
Required minimum distribution amounts are calculated by dividing a life expectancy factor into the relevant account balance from Dec. 31 of the preceding year. For instance, to calculate RMD amounts ...
Take our RMD quiz to test your retirement tax knowledge. Learn about RMD rules, IRS deadlines, and tax penalties that could ...
Time flies— and never so quickly as we approach the annual deadline for taking required minimum distributions from ...