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Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn.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

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

But there's a major drawback to having a traditional retirement account. Once you turn 73, you'll be forced to take required ...

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 ...

It does this by forcing you to take required minimum distributions (RMDs). These are mandatory annual retirement account ...

Recently, I’ve wondered if it makes sense to transfer the inherited IRA to a non-retirement account, take the tax and ...

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

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Suzanne is a content marketer, writer, and fact-checker. She ...

If you've invested in a traditional IRA, you probably took time to read the fine print before signing your name on the dotted line. You knew what you were getting into. However, the same may not be ...

Tax-deferred accounts such as traditional IRAs and 401(k) plans allow workers to delay paying taxes on qualified contributions. But the government must eventually get its due. Upon reaching a certain ...