Required minimum distributions (RMDs) are a way for the IRS to ensure it receives some money after allowing you to deduct ...

Turning 73 in 2025: For the first year you're subject to RMDs only, you can wait until April 1 of the following years to take ...

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

With the year drawing to a close, individuals with pre-tax retirement accounts should familiarize themselves with the ...

Tax-advantaged retirement accounts require mandatory withdrawals beginning at age 73, creating substantial tax liabilities ...

Answer: If you got a deduction for contributing this money, and you want to keep the funds you’re required to withdraw, then yes, you have to pay taxes on these distributions.

If the thought of paying taxes on your RMDs is stressing you out, consider these two options to save on taxes and anxiety.

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

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 ...

If you have money in tax-advantaged retirement accounts, you will be required to start taking required minimum distributions (RMDs) in the year you turn 73 if you were born between 1951 and 1959. This ...

Retirees must begin taking required minimum distributions at 73, triggering potential tax obligations on retirement savings.