This article discusses what RMDs are, how they work, what accounts have them, when you need to take them, how to calculate ...

One thing that makes most types of specialized retirement accounts so attractive is that investors don't have to pay taxes on the money they contribute to them until they begin making withdrawals.

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age. These mandatory ...

Required minimum distributions (RMDs) on pre-tax retirement accounts start at age 73 for account holders born between 1951 and 1959. The Secure 2.0 Act ended RMDs on Roth 401(k) plans and Roth 403(b) ...

Question: I am retired and turning 73 in 2025. My brokerage company just informed me by letter that I am required to take a distribution from my traditional IRA account. I do not need the money and do ...

At 73, you’ve reached a significant milestone, which is a result of a lifetime of hard work, planning, and perseverance. Congratulations! However, this particular birthday also comes with an essential ...

Secure 2.0 raised the RMD age to 73 for those born between 1951 and 1959. The penalty for missing an RMD dropped from 50% to 25% under Secure 2.0. Individuals ages 60 to 63 can now contribute up to ...

RMDs kick in in the year you turn 73 years old. Roth 401(k) account owners are no longer subjected to RMDs. The penalty for missing an RMD has decreased significantly. Knowing these rules can help you ...

Certain basic rules must be followed when it comes to required minimum distributions. Missing an RMD deadline can lead to an expensive penalty you don't want to incur. If unusual circumstances prevent ...

An inherited individual retirement account (IRA) is a potential financial windfall that may create new opportunities to achieve your financial goals. If you are a beneficiary currently or expect to be ...