Required minimum distributions (RMDs) are one way the IRS ensures you pay taxes on money you have saved in tax-deferred retirement accounts, such as a 401(k) or traditional IRA. Since you receive a ...

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 ...

The IRS is warning some seniors that depending on what type of retirement account you have, you’ll have to begin withdrawing a minimum amount once you reach this age. “You cannot keep retirement funds ...

Once retirees are old enough, the IRS requires them to start making taxable withdrawals from most ordinary retirement accounts. The timing of this distribution, however, can have a lingering effect on ...

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 ...