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 ...

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 ...

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

As investors reach the age of retirement after years of diligently investing, many wonder about the rules for retirement account distributions and how much should be withdrawn from these accounts.

A required minimum distribution, or RMD, is the amount of money that the IRS requires you to withdraw annually from certain retirement plans the year after you turn 73 years old. After decades of ...

Although you can't avoid taxes without giving up something else, you can minimize and postpone your tax burden. You’ll also still want to maximize your returns and minimize your risk, no matter what ...

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 ...

Required minimum distributions (RMDs) start in the year you turn 73. Your RMD is determined by your age and account balance at the end of the previous year. Failing to take your RMD could result in a ...

Use SmartAsset's RMD calculator to see what your required minimum distributions will look like now and in the future. Enter your retirement account balance at the end of the previous year, your age ...