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

Although there's generally no flexibility when it comes to 401(k) RMDs, there is one exception. If you're still working for the company sponsoring your plan by the time you turn 73 (previously 72 ...

You can't leave all your money in an IRA, but that doesn't mean you can't do something constructive with it outside a ...

Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a ...

Required Minimum Distributions (RMDs) are an important part of retirement planning that some retirees find challenging. And several major retirement savings plan rule changes due to the SECURE 2.0 ...

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

RMDs are minimum amounts that you must withdraw annually from your IRA -- including traditional, SEP and SIMPLE plans -- or other retirement plan account -- including 401(k), profit-sharing ...

The deadline for certain individuals to begin receiving required minimum distributions (RMDs) is fast approaching. That day is April 1 — but the IRS is not fooling.

I received her 401(k) as a spousal inheritance and maintain it in a separate account. I plan to take RMDs on her account but I’m not sure if I have the option to take the RMDs based upon her age ...