The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.

Here's how the Internal Revenue Service itself defines RMDs: "Required minimum distributions (RMDs) are the minimum amounts ...

You then divide that number by your "distribution period" -- a number the IRS sets based on your age, which can be found in a table. The result is your RMD. So, what would your RMD be if you had $ ...

A little confusion over something that's seemingly simple can end up taking a costly toll when not handled properly.

An RMD is the minimum amount the government requires most retirees withdraw from their tax-advantaged retirement accounts at a certain age. In 2020, the RMD age was raised from 70.5 to 72.

These required minimum distributions (RMDs) are taxed as income, generating revenue for the government and — surprise ... it comes with its own set of RMD headaches and other rules you ...

If they have more than $44,000 of combined income, then up to 85% of their Social Security benefit is taxable (Source: SSA.gov ... call “running the table,” the RMD table, that is.

If you want to calculate your RMD, you'll need to refer to an RMD table. Many good brokerages will calculate your RMDs for you and will often let you set up automatic withdrawals. The rules ...