People 73 and older generally must take distributions from tax-deferred retirement accounts or face hefty penalties.

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

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

If my spouse inherits my IRA, which path has the least tax impact? Should I rollover to my traditional IRA or set up an ...

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

Under the proposed regulations, the mechanics of the 10-year cleanout rule differed based on whether the original IRA owner died before or after his or her beginning date for taking RMDs.

A crucial aspect of these legislative changes is the impact on trusts named as beneficiaries of retirement accounts. This ...

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There’s an inherited IRA rule change for 2025 that could trigger a 25% tax penalty for certain heirs. Here’s what investors ...

As you hit your 60s, it's common to shift retirement planning from general wealth accumulation to practical details like taxes and required minimum distributions (RMDs). Getting this right matters ...

Even if you don’t need to take money out of your carefully funded retirement accounts, the feds insist that once you turn 72, you start taking required minimum distributions (RMDs). Every dollar ...

Should I rollover to my traditional IRA or set up an inheritance? He was already taking RMDs from his traditional IRA. I am 75 years old and have also been taking my RMDs. Would a financial ...