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 ...

Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn.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

Take our RMD quiz to test your retirement tax knowledge. Learn about RMD rules, IRS deadlines, and tax penalties that could ...

Required minimum distribution amounts are calculated by dividing a life expectancy factor into the relevant account balance ...

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 ...

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

Required Minimum Distributions (RMDs) might sound like a routine part of retirement planning, but they're anything but simple. The IRS rules are layered with exceptions, deadlines, and technical ...

A retirement account is a great place to stash cash during your working career. If you put away enough money, you might even be able to retire early. However, once you turn 73 (or 75 if you were born ...

Retirement accounts like the 401(k), 403(b), and traditional IRA are tax-deferred, meaning you get a tax break upfront (the ability to deduct contributions from your taxable income), but you must ...