There's something unsettling about hitting your retirement number and still worrying about money. I had the spreadsheets, the ...

Once retirees turn 73, they must take required minimum distributions, or RMDs, from their retirement savings accounts. If ...

Required minimum distributions (RMDs) are the minimum amount you must withdraw from certain retirement accounts when you hit ...

The IRS uses required minimum distributions to ensure people take money out of their traditional retirement accounts as they get older. The agency has to collect tax revenue, but beyond that reason, ...

Saving for retirement in a traditional IRA or 401(k) can make more sense than socking money away in a Roth account. That’s ...

Failing to take your RMDs as scheduled can result in tax penalties of 25% of your RMD amount. You don't have to take RMDs from all retirement accounts. Certain charitable donations can take the place ...

Most retirees who turned 73 last year must begin withdrawing their first required minimum distribution from their retirement plan by April 1, per Internal Revenue Service rules. In the following years ...

As I turn 73 later this year, I’ve reached a significant, if dubious, milestone. I’m now subject to Required Minimum Distributions. It's worth taking a moment to celebrate reaching this point. Having ...

Individuals with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) beginning at age 73. RMDs are calculated by dividing the retirement account ...

Typically, you hit 73 and are forced to take required minimum distributions from your traditional retirement accounts — whether you want the money or not. Sometimes, those RMDs can even mean a higher ...

Receiving $30,000 in annuity income can reduce your RMD if the annuity is in a traditional retirement account. It’s important to consider your risk tolerance and long-term goals before committing to ...