What’s the right time of year to take my RMD?

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 ...

Turning 73? Here's How to Avoid Required Minimum Distributions Without a Roth Conversion.

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

What Is the Required Minimum Distribution (RMD) for a $500,000 Retirement Account?

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 ...

5 Required Minimum Distribution (RMD) Mistakes That Are Dangerously Easy to Make

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 ...

Are You Making These 5 Common Required Minimum Distribution (RMD) Mistakes?

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

I'm a Financial Planner: This Is How You Can Get Started With RMDs

The IRS will come knocking for its share of your tax-deferred retirement savings when you hit 73, but planning ahead for RMDs ...
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Julie Jason: Consolidate Traditional IRAs or Keep Them Separate?

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 The answer to IRS FAQs Question 11 states "The account owner is taxed at their income tax rate on the amount of the withdrawn RMD.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 ...

Here's Exactly How to Calculate Your 2025 Required Minimum Distributions (RMDs)

But if you're 73 or older and you haven't yet taken your required minimum distributions (RMDs) for 2025, that needs to be on ...