I am 71 years old and, thus, on the horizon of facing required minimum distributions from my traditional IRA accounts. My ...

If you have money in retirement accounts, you may have to start taking required minimum distributions, or RMDs, when you turn ...

If you're charitably inclined, using a qualified charitable distribution, or QCD, is a great way to reduce your RMD. Instead ...

However, the IRS is reminding retirees who take their first distribution April 1 that they must also take their second RMD ...

Once you reach the age of 73, you’re legally required to take your Required Minimum Distributions (RMDs). That way the government can collect taxes on your money. If you’re already above 73 or ...

Connect with a fiduciary advisor today. For example, say you’re 70 years old and your required minimum distributions (RMDs) will start in three years. You’d like to avoid RMDs by converting ...

When should you use a Roth IRA to manage your taxes? As you hit your 60s, it's common to shift retirement planning from ...

There’s a reason workers are often encouraged to house their retirement savings in a Roth IRA or 401(k). Not only do Roth accounts offer the benefit of tax-free investment gains and tax-free ...

The Required Minimum Distribution is one of the most frustrating aspects in the financial arena and arguably one of the least ...

Even if you don’t need to take money out of your carefully funded retirement accounts, the feds insist that once you turn 72, you start taking required minimum distributions (RMDs). Every dollar ...

RMD rules are more than just guidelines, according to EBRI research released last week, but are clearly a defacto default strategy.

RMDs are determined by dividing the retirement account's prior year-end fair market value by a life expectancy factor published by the IRS. If the account owner wishes to withdraw more than the ...