required minimum distributions (RMDs)
News, insights and expert analysis on required minimum distributions rmds from the team at Kiplinger.
Latest
-
What if You Don’t Need the Money From Your RMD?New rules affect the age when you have to take your RMDs and what the penalty is if you mess up. There are also options to delay or avoid taking them.
By Evan T. Beach, CFP®, AWMA®
-
One Key Rule for Understanding 2023 RMDsRMDs Required minimum distribution (RMD) rules can be confusing, but there is a guideline that can help.
By Kelley R. Taylor
RMDs -
Don’t Let the 'Widow's Penalty' Blindside You: How to PrepareIf one spouse passes away, the surviving spouse could pay nearly double the amount of income taxes. Are you planning for this?
By Joe F. Schmitz Jr., CFP®, ChFC®, CKA®
-
A One-Time Financial Plan: Valuable or Dangerous?Financial planning is not a set-it-and-forget-it exercise. While a one-time plan can help in the moment, ongoing financial planning rolls with your changes.
By Pam Krueger
-
How Is Your Post-Retirement Stacking Up? Three Key QuestionsFinancial planning doesn’t stop at retirement, so it’s important to keep track of how much income you actually need, what your income sources are and more.
By Chuck Cavanaugh
-
Stressing About RMDs? Two Ways to Reduce or Even Eliminate ThemIf looming taxes on required minimum distributions (RMDs) are keeping you awake at night, consider transferring money to a QLAC or converting to a Roth IRA.
By Stefan Greenberg, CFP®, CFS, CLTC
-
Five Tax Moves Retirees Should Consider Before Dec. 31Now is the prime time to start thinking about optimizing your Roth conversions, RMDs, capital gains, Medicare premiums and charitable giving before the end of the year.
By Evan T. Beach, CFP®, AWMA®
-
Deferring Taxes Until Retirement? You May Want to Rethink ThatIf tax rates go up in the future (such as when provisions in the TCJA sunset), that could lead to a bigger tax hit, depending on the types of accounts you have.
By Scott Noble, CPA/PFS
-
Four Threats to the Distribution Phase of RetirementKeep challenges such as inflation, market volatility and more in mind when it’s time for you to shift from saving for retirement to spending.
By Cliff Ambrose, CTS™, CAS®
