For some retirees, the hands-on approach is the only way to go. If you prefer to have control over each distribution, ...

RMDs are mandatory withdrawals from retirement accounts that you must make. Diversification remains just as important as when ...

Whatever your strategy for taking RMDs, it’s important to meet the deadlines. If you don’t take an RMD, you’ll be penalized with a 25% tax on the required amount you didn’t withdraw.

The general idea of RMDs is that these accounts are tax-deferred, not tax-free. The government gave you a tax deduction for ...

Generally, RMDs must be completed before the end of the calendar year. The only exception is that someone taking his or her ...

I have $1 million in my IRA. Once I reach 73 years of age what are the withdrawal requirements? I retired five years ago with ...

After a certain age, holders of retirement accounts such as Individual Retirement Accounts (IRAs) are required to start making mandatory withdrawals, known as Required Minimum Distributions (RMDs).

It’s no surprise that some people opt to take an IRA inheritance in cash, accept a tax hit, and avoid dealing with RMDs altogether. Read more: IRS Finalizes RMD Regulations: Key Takeaways and ...

RMDs typically begin at age 73, which gives you about a year or so to get a plan in place. By submitting your story to Dow Jones & Co., the publisher of MarketWatch, ...

RMDs effectively force you to spend down your savings in your lifetime to a large degree. The reason for this is that lawmakers do not want tax-advantaged retirement accounts like IRAs and 401(k)s ...

Inherited IRAs: What to Know About Taxes, RMDs, and More Understanding the complex considerations when inheriting an IRA, including RMD changes in 2025. Tori Brovet Apr 3, 2025. Share. Editor’s ...