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

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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 ...

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

Most Employee Stock Ownership Plans (ESOP) participants transfer their company stock to a traditional IRA starting around age ...

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 ...

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If you’ve inherited an individual retirement account, costly mistakes could shrink your balance. Here’s how to preserve your ...

Owners of traditional IRAs, 401(k)s, and other accounts face RMDs. Your RMD can boost your taxable income, which can cost you. Fail to comply on time, and you face a hefty penalty. It's smart to ...