Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn. Prior ...
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 ...
Tribune Content Agency on MSN

Terry Savage: It's RMD time again

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