So-called required minimum distributions — the amount that you must take each year from most retirement accounts when you join the older crowd — are again in force for 2021 after being waived for 2020 ...

Retirees face IRS penalties of up to 25% if they fail to take required minimum distributions from pretax investment accounts ...

If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...

If you play your cards right, you can avoid an unwanted tax bill. When I first started working full-time and was able to make ...

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 ...

Required minimum distributions (RMDs) become an annual obligation once you turn 73. The size of your RMD will depend on your current age and the balance in your tax-deferred retirement accounts.

Required minimum distributions are often viewed as a compliance hurdle. With mandatory withdrawals from tax-deferred retirement accounts, there are steep penalties for mistakes. In reality, they ...

Missed RMDs are subject to a penalty of up to 25%, but it's possible to reduce or eliminate the fee, experts say. A key ...