Therefore, your first RMD must be taken by April 1 of the year after which you turn 72 (73 in 2023). The amount you must withdraw depends on the balance in your account and your life expectancy as ...

It is important to have a good grasp of required minimum distribution (RMD) rules and the tax implications that come with them. That can help you manage your tax obligations effectively in retirement.

Avoiding any penalties is often the most valuable thing you can do. RMD mistakes can be costly, and they're more likely to happen when you plan to reinvest your distribution. Retirement accounts ...

You can leverage your Required Minimum Distribution (RMD) from your IRA to benefit both yourself and a cause close to your heart through a Qualified Charitable Distribution (QCD). If you’re 73 or ...

This guide will explain why RMDs exist, what the RMD rules are for 401(k) plans, what exceptions exist, how RMDs can be avoided, and how RMDs affect you if you inherit a 401(k). Image source ...

So, here’s what you need to know (and do) if you have an RMD due in the coming days. Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more ...

A reader, still working, wants to know if they should use their required minimum distribution to pay off the mortgage. A reader, still working, wants to know if they should use their required ...

Learn how required minimum distributions (RMDs) affect your variable annuity contract and how to choose benefits that play nicely with RMDs.

Thanks to the SECURE 2.0 Act of 2022, your annuity payments may count toward your required minimum distribution (RMD), depending on the type of annuity you have and the money you used to purchase it.