A little confusion over something that's seemingly simple can end up taking a costly toll when not handled properly.

Here's how the Internal Revenue Service itself defines RMDs: "Required minimum distributions (RMDs) are the minimum amounts ...

Although retirement accounts like 401(k)s and traditional IRAs give you a tax break by lowering your taxable income, that ...

Anyone turning 73 or older this year with an IRA is required to withdraw money from these accounts. Waiting as long as possible to take the very first of these withdrawals can prove needlessly costly.

Do the ins and outs of required minimum distributions (RMDs) from individual retirement accounts (IRAs) have you feeling a bit overwhelmed? Maybe you're turning 73 years old this year and will ...

Day catch you off guard! The deadline for required minimum distributions (RMDs) is here, and millions could miss out as the ...

If you’re looking for a tax-savvy way to deal with you required minimum distributions (RMDs), converting them into a Roth IRA ...

It's called a required minimum distribution (RMD), in fact. Just because you've now got money coming out of a retirement account, however, doesn't mean you have to stop making the most of what you ...

Required minimum distributions (RMDs) are payments typically made by year end. However, individuals who turned 73 in 2024 can delay their first RMD until April 1, 2025. This special rule applies to ...

The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.

Some retirees have just one day remaining to complete the first required minimum distribution or face a significant fine.