I usually take my required minimum distribution from my IRA early in the year so I don’t have to worry about it later. The ...

In general, anyone with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) ...

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 ...

Required minimum distributions (RMDs) on tax-deferred retirement accounts begin at age 73 for individuals born between 1951 ...

The IRS will come knocking for its share of your tax-deferred retirement savings when you hit 73, but planning ahead for RMDs ...

It won't change this year's tax bill, but it can help prevent investment slippage and lower taxes on future gains.

Once taken, the RMDs are taxable as income. The answer to IRS FAQs Question 11 states "The account owner is taxed at their income tax rate on the amount of the withdrawn RMD. However, to the extent ...

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

Calculating your RMD only requires two numbers. You'll need your retirement account balance as of Dec. 31, 2024. Check with ...

Most retirees tap their accounts in the wrong order, draining savings faster and triggering unnecessary taxes. This 5-step ...

Let’s say, for example, that you just discovered your deceased father’s Individual Retirement Account ( IRA ), which had ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the meaning of modified adjusted gross income, or MAGI ...