Required minimum distributions (RMDs) on pre-tax retirement accounts start at age 73 for account holders born between 1951 ...
But keep in mind that you can't keep all that money in there forever. The IRS requires you to begin withdrawing money from ...
Anyone facing required minimum withdrawals from retirement accounts should note there's been a change to calculating those amounts. Starting this year, new IRS life expectancy tables — which are used ...
The IRS alerts thousands of individuals that tomorrow marks the deadline for a crucial retirement procedure: the Required ...
In general, anyone with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) beginning at age 73. RMDs are calculated by dividing the retirement account ...
Business Intelligence | From W.D. Strategies on MSN

5 tips for avoiding penalties on your first required minimum distribution

Retirement planning is full of twists and turns, yet few things cause as much confusion as required minimum distributions.
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OK, you’re feeling pretty good about your long-term savings habit and now have a rather decent IRA balance. You’re turning 73 or already 73 or older. Now Congress set up a simple rule to force you to ...
Using the modified tables should be generally straightforward for most account owners, although there are a couple of situations that may be trickier this year. One of those instances involves anyone ...