required minimum distributions (RMDs)
Get trusted required minimum distributions (RMDs) insights, news and features.
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 And not only do you need to calculate how much must be withdrawn each year, but you must also pay the tax on the distributions.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
-
What You Need to Know About Calculating RMDs for 2024
required minimum distributions (RMDs) As the end of 2024 nears, it's important to know how to calculate your required minimum distributions (RMDs) if you haven't taken them already— and be prepared for them to be higher this year than they were in 2023.
By Chris Gullotti, CFP® Last updated
required minimum distributions (RMDs) -
Five December 31 Tax Deadlines for Retirees
The end of the year will be here before you know it, so it might be a good idea to start thinking soon about what you need to do for taxes before it arrives.
By Evan T. Beach, CFP®, AWMA® Published
-
Three Strategies to Cut Your Taxes in Retirement
All that money in your tax-deferred retirement accounts? Uncle Sam is going to want his cut, so here's how to prepare for that.
By Michael Miller Published
-
How to Calculate RMDs (Required Minimum Distributions) for IRAs
required minimum distributions (RMDs) Understand when and how to calculate RMDs and avoid stiff penalties from your tax-deferred IRA.
By Kathryn Pomroy Last updated
required minimum distributions (RMDs) -
Don't Wait: Make Your Year-End Money Moves Now
Now is a great time to minimize your upcoming tax bills, get your RMDs in order and make sure your investments are on track for a prosperous new year.
By Nico Pesci Published
-
Three Key Facts to Know About Your RMDs
If any of your retirement savings are in a tax-deferred account, then you will face required minimum distributions (RMDs). Not having a strategy could prove costly.
By Kevin Divecha, CRFA Published
-
Required Minimum Distributions (RMDs): Key Points to Know
RMDs Here are some basics to know about RMDs and how these distributions can impact your taxes.
By Kelley R. Taylor Last updated
RMDs -
The Best Way to Defer RMDs (and Their Tax Bills): QLACs
Concerned about RMDs? Worried about outliving your retirement savings? A qualified longevity annuity contract defers some RMDs and guarantees lifetime income.
By Ken Nuss Published
-
These Are the Key Decisions You Need to Make for Retirement
These important issues are all connected and can affect your taxes, likely setting them at a certain level for the rest of your retirement.
By Erik Bowman, RICP, NSSA Published