For some retirees, the hands-on approach is the only way to go. If you prefer to have control over each distribution, ...

Automation allows you to stop worrying whether your RMDs will be taken on time, helping you avoid missed deadlines and ...

New research points to the equal-installments strategy as the ideal for making the mandatory withdrawals. A lump-sum approach ...

A George Mason University finance professor gamed out three common strategies on RMDs to find the best option.

RMDs are mandatory withdrawals from retirement accounts that you must make. Diversification remains just as important as when ...

The IRS said it's waiving penalties for RMDs missed in 2024 from IRAs inherited in 2023, in which the deceased owner was already subject to RMDs. (With previous IRS relief, ...

Home; Taxes; Required Minimum Distributions (RMDs): Rules, Deadlines, and Important Changes to Know. Discover the ins and outs of RMDs to ensure tax compliance and optimize your retirement savings.

Don’t let unneeded RMDs inflate your tax bill. From QCDs to 529 plans, here are 6 strategic was to use those RMDs you don't need.

Once you take your RMD out of your IRA, you can’t put it back again—the IRA designs these distributions to be taxed. Have a ...

SECURE Act 2.0 changed the mandated starting age for RMDs from 72 to 73. Just a few years earlier, SECURE Act 1.0 (adopted in 2019) raised the mandated age from 70 1/2 to 72.

As always, your RMDs are due by the end of the year. In this year, if you don't take out the minimum distributions by December 31, 2024, the IRS will penalize you with ...