You may not have to take a required minimum distribution (RMD) if you're under 73, or if the account meets certain criteria.

One thing you might not be excited about is taking your required minimum distributions (RMDs) from retirement accounts once ...

Required minimum distributions (RMDs) are one way the IRS ensures you pay taxes on money you have saved in tax-deferred retirement accounts, such as a 401(k) or traditional IRA. Since you receive a ...

If you don't like taking RMDs, you can do a Roth IRA conversion and use this year's RMD to cover the extra taxes. You may not ...

It pays to calculate RMDs (Required Minimum Distributions) as you approach retirement or if you are already retired. You'll avoid tax penalties and preserve more of your retirement savings. Besides ...

One of the biggest advantages of saving in retirement accounts like a 401(k) or IRA is that you can deduct your contribution from your taxes. On top of that, your investments in those accounts grow ...

The IRS eventually comes looking for the tax revenue it didn't get to collect earlier on the money invested within IRAs and other tax-deferred accounts. Just because you withdraw money from a ...

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 ...

Are you going to be 73 years old (or older) at any time this year? And if so, do you have any money sitting in one or more non-Roth IRA accounts? If the answer to both of these questions is yes, then ...