At age 73, most retirees must start required minimum distributions from pretax accounts. Certain heirs with an inherited individual retirement account also must take RMDs. For retirees, your first RMD ...

Leaving RMD funds in your retirement account throughout the entire year allows more time for growth. Taking RMDs in December can simplify taxes by ensuring you only owe taxes on a single withdrawal, ...

As the year winds down, retirees must also plan for one of the most essential tax deadlines: required minimum distributions (RMDs). Retirees are required to withdraw a minimum amount from certain ...

In general, anyone with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) beginning at age 73. RMDs are calculated by dividing the retirement account ...

Starting at age 73, most retirees must start required minimum distributions, or RMDs, from pretax accounts. Your first RMD is due by April 1 of the year after turning 73, and Dec. 31 is the deadline ...

Anyone who turned 73 in 2025 will have to take their first RMD soon, if they haven't already done so. Missing an RMD deadline can result in severe tax penalties, especially if you don't correct them ...

Secure 2.0 raised the RMD age to 73 for those born between 1951 and 1959. The penalty for missing an RMD dropped from 50% to 25% under Secure 2.0. Individuals ages 60 to 63 can now contribute up to ...

A required minimum distribution (RMD) is the minimum amount you must withdraw from your traditional IRA, SEP IRA, SIMPLE IRA, 401(k), 403(b), or 457(b) accounts once a year. No matter when you retire, ...

The deadline for completing IRS-required withdrawals from certain IRAs is fast-approaching. For retirement account owners who plan on selling an asset to free up cash to complete this required ...