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

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

One of the biggest benefits of saving in traditional retirement accounts like a 401(k) or IRA is the upfront tax break you receive. You won't owe any income taxes on contributions in the year you make ...

One of the biggest advantages of investing in retirement accounts is the tax advantages. Contributions to an IRA or 401(k) are tax-deductible the year you make them. On top of that, any dividends or ...

An individual retirement account, more commonly referred to as an IRA, is a good place to save for your retirement. Once you reach a certain age, though, you'll have to start taking a minimum amount ...

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 ...

That’s the top question I receive when I’m out and about talking about retirement portfolio planning, including some of the safe spending rate research that our team has been producing since 2021.

Agency: "Internal Revenue Service (IRS), Treasury." SUMMARY: This document sets forth final regulations providing guidance relating to the life expectancy and distribution period tables that are used ...

If you have money in tax-deferred retirement accounts, such as traditional IRAs, 401(k)s, and other types of retirement savings for which you received a tax deduction for contributing, you can't ...

Most retirees have to start taking RMDs when they turn 73. The RMD requirement depends on your age and your account balance at the end of each year. Calculating your RMD is rather straightforward in ...