Required minimum distributions (RMDs) are a way for the IRS to ensure it receives some money after allowing you to deduct ...

In return, the Internal Revenue Service (IRS) expects to eventually recoup the taxes from you when you make withdrawals from ...

You may not have to take a required minimum distribution (RMD) if you're under 73, or if the account meets certain criteria.

There's actually a pretty clear answer to the question. But first things first.

Retirement accounts like the 401(k), 403(b), and traditional IRA are tax-deferred, meaning you get a tax break upfront (the ability to deduct contributions from your taxable income), but you must ...

Required minimum distributions (RMDs) on tax-deferred retirement accounts start at age 73 for individuals born between 1951 and 1959. The Secure 2.0 Act eliminated RMDs on Roth 401(k) plans and Roth ...

At 73, you’ve reached a significant milestone, which is a result of a lifetime of hard work, planning, and perseverance. Congratulations! However, this particular birthday also comes with an essential ...

Learn about qualified distributions from retirement accounts, IRS rules, tax implications, and how to maximize your tax benefits while avoiding penalties.

If the thought of paying taxes on your RMDs is stressing you out, consider these two options to save on taxes and anxiety.

The IRS eventually comes looking for the tax revenue it didn't get to collect earlier on the money invested within IRAs and other tax-deferred accounts. Just because you withdraw money from a ...