A required minimum distribution (RMD) is the smallest amount of money that must be withdrawn from certain types of retirement ...

Inheriting a retirement account can be complicated. With a retirement account that you opened, you’re referred to as the ...

Learn how required minimum distributions (RMDs) affect your traditional IRA balance, how to calculate them and strategies to ...

But you can't put off taxes forever. Eventually, the government wants its take. It also imposes required minimum ...

For an example of how that works, here’s a link to the IRS Uniform Lifetime Table. Third, calculate your RMD with your life expectancy factor. Let’s say you’re 73 years old. You would have ...

As 2025 begins, Americans turning 73 must navigate a critical tax deadline that could impact their retirement savings. The IRS mandates that these individuals take their first Required Minimum ...

With many federal employees unexpectedly losing their jobs, now is a good time to review some essential tax rules.

To calculate your RMD, you need to use the balance of your retirement account as of December 31 of the previous year and divide it by a life expectancy factor from IRS tables. These tables ...

Calculating RMDs is straightforward. First, using the Uniform Lifetime Table from the IRS, accountholders select the life expectancy factor (i.e., distribution period) that corresponds to their ...

The IRS publishes a table of life expectancy factors, which is a number based on how long the average person your age can expect to live. If you want to calculate your RMD yourself, you simply ...