Understand when and how to calculate RMDs and avoid stiff penalties from your tax-deferred IRA.

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

Getting the withdrawal amount right is crucial when you make RMDs in retirement. An expert financial planner explains how to calculate the amount correctly.

Required Minimum Distribution (RMD) refers to the minimum amount you must withdraw from your retirement accounts once you reach a certain age. This IRS-mandated rule requires you to withdraw your RMD ...

If you have money in retirement accounts, you may have to start taking required minimum distributions, or RMDs, when you turn 73 -- even if you don't need the money. Specifically, if you have money in ...

Beneficiaries must take required minimum distributions from their inherited IRAs. When the RMD is an annual obligation, the Single Life Expectancy Table must be used to identify the denominator for ...

Do withdrawals from my pre-tax IRA and/or 401(k) accounts made before I turn 73 count toward my RMDs? Or do RMDs start at 73 without regard to prior withdrawals? I’m 70 now and still working and ...

If you turned 72 in 2022, are you eligible for the SECURE 2.0 age change to age 73 for your first RMD? Readers are already asking questions about how SECURE 2.0, the new act that was signed into law ...

Q. In your last column about RMDs from retirement accounts, you mentioned you would “… cover some other ways to reduce the tax liability in a future column.“ I don’t need my RMD and I don’t want to ...

The calculation of required minimum distributions for beneficiaries has always been uniquely complicated because of confusing tax rules that differ depending on the type of beneficiary, when they ...

RMDs are mandatory withdrawals from pretax retirement accounts. Find out how RMDs work and when you'll need to start taking them.

Failure to make your full RMD withdrawal can result in a 25% penalty tax. Missing a withdrawal due date is an easy way to be hit with a bigger tax bill. Making a qualified charitable distribution can ...