As a general rule, you'll need to take a required minimum distribution by the end of each calendar year after you turn 73.
If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...
A new year raises an old, perennial question about how retirees should optimize the use of their retirement savings.
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 ...
A substantial number of elderly, retirement-age investors are failing to take required minimum distributions, or RMDs, a new ...
Business Intelligence | From W.D. Strategies on MSN

5 tips for avoiding penalties on your first required minimum distribution

Retirement planning is full of twists and turns, yet few things cause as much confusion as required minimum distributions.
Retirees face IRS penalties of up to 25% if they fail to take required minimum distributions from pretax investment accounts ...
If you withdraw money from your traditional IRA before age 59½, you will likely have to pay a 10% penalty on top of regular ...
Fortunately, there are legal and strategic ways to lower your taxable income and keep more of your retirement money.
At this age, it makes sense to switch to a conservative retirement portfolio that's focused on preserving assets and ...
From RMDs to Medicare surcharges, these common retirement tax traps could quietly raise your bill in 2026 if you don't plan ...
Before rushing to a Roth conversion, here are several important realities federal employees should understand.