required minimum distributions (RMDs)
News, insights and expert analysis on required minimum distributions rmds from the team at Kiplinger.
Starting at age 73, Uncle Sam requires taxpayers to draw down their retirement account savings through RMDs — annual required minimum distributions. And not only do you need to calculate how much must be withdrawn each year, but you must also pay the tax on the distributions. If you'd like to know more about the basic rules, start with our beginner's guide: everything you should know about RMDs then work your way through our other features and guides on smart strategies to minimize taxable distributions and make the most of the money that you must withdraw.
Latest
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How to Minimize the Damage of Bad Market Timing at Retirement
Poor investment returns early in retirement on top of withdrawals can quickly drain your savings. The ideal plan helps prevent having to sell assets at a loss.
By Tommy Snyder
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I'm retiring with $2.6 million. I'm worried about RMDs and taxes.
We asked professional wealth planners for advice.
By Maurie Backman
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How to Avoid Being Buried by the Tax Avalanche in Retirement
All that cash you have in tax-deferred accounts could launch you into a higher tax bracket when you start withdrawals. It's time to protect your income.
By Brian O. Butler, CRPC®, CPFA®, CEPA®
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The $183,000 RMD Shock: Why Roth Conversions Can Be Risky
Converting retirement funds to a Roth is a smart strategy for many, but the older you are, the less time you have to recover the tax bite from the conversion.
By Mark Kennedy
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The Retirement Donor's Checklist: Key Deadlines by Gift Type
Retirees have some charitable contribution options that can help avoid spikes in income from RMDS and capital gains.
By Donna LeValley
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Year-End RMDs: 10 Ways to Invest, Spend or Donate Them
The deadline for taking Required Minimum Distributions (RMDs) is December 31. And yes, shopping or travel might be in order.
By Adam Shell
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I want to give my 3 grandkids $5K each for Christmas.
You're comfortably retired and want to give your grandkids a big Christmas check, but their parents are worried they might spend it all. We ask the pros for help.
By Maurie Backman
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Ask the Editor: IRAs, 401(k)s and RMDs
Ask the Editor In this week's Ask the Editor Q&A, Joy Taylor answers questions on IRAs, 401(k)s and required minimum distributions
By Joy Taylor
Ask the Editor -
5 RMD Mistakes That Even Seasoned Retirees Can Make
The five biggest RMD mistakes retirees make show that tax-smart retirement planning should start well before you hit the age your first RMD is due.
By Jeremy Keil, CFP®, CFA®, CKA®
