Dear Liz: I have $160,000 in a 403 (b) retirement plan and I’m 70. I know I have to start taking required minimum ...
If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...
Required minimum distributions (RMDs) on pre-tax retirement accounts start at age 73 for account holders born between 1951 ...
A new year raises an old, perennial question about how retirees should optimize the use of their retirement savings.
A substantial number of elderly, retirement-age investors are failing to take required minimum distributions, or RMDs, a new ...
Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age. These mandatory ...
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 ...
As many as 7% of retirees aren't taking required withdrawals from their accounts, a mistake that can be costly. Luckily, there are some easy fixes.
The new year means tax season is upon us. Here's what you need to know about filing taxes in 2026, including deadlines, ...
One important thing to know about Medicare IRMAAs is that they're based on your income from two years prior. This means your ...
Missing an RMD deadline can result in a 25% penalty on the amount not withdrawn. Double-checking your RMD calculations can help prevent a penalty. You're free to withdraw more than your RMD, but ...