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

Anyone facing required minimum withdrawals from retirement accounts should note there's been a change to calculating those amounts. Starting this year, new IRS life expectancy tables — which are used ...

I have a 401(k) with $120,000 in it. I’m 74 and getting the required minimum distribution at the end of each year. Do I need ...

Agency: "Internal Revenue Service (IRS), Treasury." SUMMARY: This document sets forth final regulations providing guidance relating to the life expectancy and distribution period tables that are used ...

New life expectancy tables go into effect this year to determine required minimum distributions (RMDs) from IRAs, 401(k)s and other retirement plans, which means you’ll need to pay close attention to ...

With the year drawing to a close, individuals with pre-tax retirement accounts should familiarize themselves with the ...

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

(k) required minimum distributions start at age 73. Understand how to calculate when you have to take RMD withdrawals from ...

Post-SECURE Act, many individuals who have inherited retirement accounts have significant questions on how their ongoing required minimum distributions (RMDs) must now be calculated. While most ...

In the July 22, 2024, Slott Report, my colleague Sarah Brenner explained how the IRS, in its final SECURE Act required minimum distribution (RMD) regulations issued on July 18, did not budge on a ...

OK, you’re feeling pretty good about your long-term savings habit and now have a rather decent IRA balance. You’re turning 73 or already 73 or older. Now Congress set up a simple rule to force you to ...

Using the modified tables should be generally straightforward for most account owners, although there are a couple of situations that may be trickier this year. One of those instances involves anyone ...