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 ...

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 ...

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 ...

Everybody hates being told what to do, and retirement investors hate it even more when being told what to do comes with a ...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.60%, and the ...

Input the total of your itemized deductions, such as mortgage interest, charitable contributions, medical and dental expenses, and state taxes. If your total itemized deductions are less than the ...

The alternative minimum tax represents one potential caveat to the widespread and, mostly, correct belief that the One Big Beautiful Bill Act cut everyone's payments to Uncle Sam. Below are five key ...

Chinese state operatives present a daily national security threat to the UK, the head of MI5 Sir Ken McCallum has said. In a speech, he said MI5 had intervened operationally to disrupt Chinese ...

An individual retirement account, commonly known as an IRA, is a simple, tax-advantaged way to save money for retirement. There is a range of different types of IRAs (and strategies that come with ...

Orr joined IBJ in 2016. She’s been a reporter since 1995 and has worked at four newspapers in three states. Before moving to Indianapolis, she wrote for the Courier & Press in Evansville. When she’s ...

The accessibility of pharmacies may be an overlooked contributor to persistent racial and ethnic disparities in the use of prescription medications and essential health care services within urban ...