It pays to calculate RMDs (Required minimum distributions) as you approach retirement or if you are already retired. RMDs are the minimum annual withdrawals you must make each year from most ...

This article discusses what RMDs are, how they work, what accounts have them, when you need to take them, how to calculate the amount each year, and more. Once you understand RMDs, you can draw up a ...

You don't have to take RMDs from Roth accounts. RMDs are based on your age and your account balance at the end of the previous year. The $23,760 Social Security bonus most retirees completely overlook ...

While you don’t have much control over when required minimum distributions start, you have a bit of discretion over the amount and especially which accounts you tap. Once you hit required minimum ...

You may not have to take a required minimum distribution (RMD) if you're under 73, or if the account meets certain criteria. Look at your account balance at the end of the previous year when ...

Investors using certain types of tax-advantaged investment accounts must begin withdrawing a mandated percentage of their balances from them once they reach the age of 73. If you don't take your ...

Retirement accounts like the 401(k), 403(b), and traditional IRA are tax-deferred, meaning you get a tax break upfront (the ability to deduct contributions from your taxable income), but you must ...

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 ...

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 ...