One of the biggest advantages to investing in a qualified retirement plan like a 401(k) or an individual retirement account (IRA) is tax-deferred growth on your savings. But you can’t keep avoiding ...

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 ...

Calculating your RMD only requires two numbers. You'll need your retirement account balance as of Dec. 31, 2024. Check with ...

If you're turning 73 or older in 2025 and have money in tax-deferred retirement accounts, you're required to take minimum distributions (RMDs) from your savings. In this video, I'll walk you through ...

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Inheriting an IRA or 401(k) can add to your wealth but it can also bring some potential tax headaches. One tricky issue involves required minimum distributions or RMDs. IRA and 401(k) plan owners are ...

The required minimum distribution, or RMD, is the minimum amount that you have to pull out of your IRA, SIMPLE IRA, SEP IRA or retirement plan account. According to the IRS, If you reached the age of ...

Use SmartAsset's RMD calculator to see what your required minimum distributions look like now and in the future. Enter your retirement account balance at the end of the previous year, your age and the ...