Failing to take an RMD on time could result in a costly penalty. The sooner you rectify the situation, the less it might cost ...

Reaching 72 with $900,000 in tax-deferred retirement accounts means navigating required minimum distributions (RMDs) while ...

A request for waiver of the Additional Tax on Excess Accumulations. The year the RMD was missed. The date you took the missed ...

A new year raises an old, perennial question about how retirees should optimize the use of their retirement savings.

Quick Read Secure 2.0 raised the RMD age to 73 for those born between 1951 and 1959. The penalty for missing an RMD dropped ...

Once you hit required minimum distributions age (73), how much control do you have over the timing, amount, and source of your distributions? Let’s examine each of the levers. Retirees exert some ...

A substantial number of elderly, retirement-age investors are failing to take required minimum distributions, or RMDs, a new ...

Once you reach a certain age, you are required to start taking money out of certain retirement accounts. The required minimum distributions, or RMDs, depend on your age and account balance. If you don ...

Individuals with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) beginning at age 73. RMDs are calculated by dividing the retirement account ...

If your RMD exceeds your needs, it can feel more like a burden than a benefit of saving for retirement. Retirees can take advantage of temporarily lower asset prices by taking their RMD right now. The ...