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If you have money in retirement accounts, you may have to start taking required minimum distributions, or RMDs, when you turn ...

Navigating the complexities of Required Minimum Distributions (RMDs) is essential for retirees to avoid hefty penalties and ...

If you're charitably inclined, using a qualified charitable distribution, or QCD, is a great way to reduce your RMD. Instead ...

Required minimum distributions (RMDs) from pre-tax retirement accounts can have a number of unintended consequences. These ...

However, the IRS is reminding retirees who take their first distribution April 1 that they must also take their second RMD ...

Connect with a fiduciary advisor today. For example, say you’re 70 years old and your required minimum distributions (RMDs) will start in three years. You’d like to avoid RMDs by converting ...

More specifically, RMDs are the minimum amounts that must come out of given retirement plan accounts each year once the account holder reaches a certain age. RMDs, calculated based on a formula ...

Retirees of a certain age with 401ks, IRAs and other workplace retirement funds must take required minimum distributions or risk financial penalties.

When should you use a Roth IRA to manage your taxes? As you hit your 60s, it's common to shift retirement planning from ...

A sudden windfall can be both a blessing and a source of stress, especially if you are unsure of the tax rules and how to ...

Even if you don’t need to take money out of your carefully funded retirement accounts, the feds insist that once you turn 72, you start taking required minimum distributions (RMDs). Every dollar ...