Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age.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

Retirement planning is full of twists and turns, yet few things cause as much confusion as required minimum distributions.

But keep in mind that you can't keep all that money in there forever. The IRS requires you to begin withdrawing money from ...

Taking your RMD in January could give you peace of mind and helps you avoid the tax penalty for not taking RMDs as scheduled. It could also cause you to miss out on investment earnings you could have ...

Missing an RMD deadline can result in a 25% penalty on the amount not withdrawn. Double-checking your RMD calculations can help prevent a penalty. You're free to withdraw more than your RMD, but ...

Dara-Abasi Ita writes about trading and investing for Investopedia and Investing.com, and he is an editor at Lawverse magazine. He has written about financial topics, including private equity, asset ...

If you play your cards right, you can avoid an unwanted tax bill. When I first started working full-time and was able to make ...

‘Tis the season for last-minute shopping, family get-togethers, and year-end financial tasks. But many Americans forget the last item – or don’t do it correctly – leading to tax penalties and, often, ...

TOPEKA, Kan. (WIBW) - This is the time of year when people a certain age must take money out of certain retirement accounts. The Required Minimum Distributions are a requirement, but you do have some ...