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 And not only do you need to calculate how much must be withdrawn each year, but you must also pay the tax on the distributions.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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The 'Take That Uncle Sam' Rule of Retirement SpendingHere's how to reduce your tax bill when you withdraw money in retirement.
By Donna Fuscaldo
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Has Your Dream Nest Egg Become a Tax Nightmare? What to DoRetirement savers with big bucks in traditional IRAs and pretax 401(k)s could face huge tax bills when their RMDs kick in. Here's a potential solution.
By Martin Baker, CFP®, CEPA®
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Missed an RMD? How to Avoid That (and the Penalty) Next TimeIf you miss your RMDs, you could face a hefty fine. Here are four ways to stay on top of your payments — and on the right side of the IRS.
By Evan T. Beach, CFP®, AWMA®
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How to Calculate RMDs (Required Minimum Distributions) for IRAsTools Understand when and how to calculate RMDs and avoid stiff penalties from your tax-deferred IRA.
By Kathryn Pomroy
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We want our RMDs to fund a vacation with our kids and grandkids.An extended family vacation can be a fun and bonding experience if planned well. Here are tips from travel experts.
By Maurie Backman
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4 Ways Washington Could Put Your Retirement at RiskLegislative changes, such as shifting tax brackets or altering retirement account rules, could affect your nest egg, so it'd be prudent to prepare. Here's how.
By J. Burke "J.B." Howard
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How to Minimize the Damage of Bad Market Timing at RetirementPoor 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 RetirementAll 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®
