Just don’t jump the gun too early (before age 59 ½) or you’ll pay an early withdrawal penalty on the distribution. There are ...

Q. Dan, I’m 75 and still working so I have not had to take required minimum distributions (RMD) from my 401(k) at work. However, I think it’s time to step away. I know when I retire ...

The IRS stuck to its guns, based on its interpretation of the SECURE Act. The IRS stance is not surprising, since the IRS told us this when it issued the proposed RMD regulations back in February ...

Most retirees have to start taking RMDs when they turn 73. The RMD requirement depends on your age and your account balance at the end of each year. Calculating your RMD is rather straightforward ...

If you have assets under an employer plan, you might also need to take an RMD from that account. Operating within the limitations of the RMD rules can help you to avoid the excise tax that would ...

To best understand what RMD age applies to you, use your date of birth, as follows: Your RMD age is 75. Your first RMD year is the calendar year in which you turn one of the ages listed above.

If a person has multiple IRAs, even if they are held at different custodians, the total aggregated IRA required minimum distribution (RMD) must be withdrawn before any Roth IRA conversion (or 60 ...