The recent final required minimum distribution (RMD) regulations include a new rule change that may be beneficial for IRA owners who name trusts as beneficiaries. In the new regulations, the IRS ...

If you were born in 1951, did you receive a required minimum distribution between January 1, 2023 and July 31, 2023? If you don’t want that RMD, you can undo it by redepositing the funds into the ...

Forbes contributors publish independent expert analyses and insights. I write about investing, retirement, & workplace savings plans. This article is more than 3 years old. For the first time since ...

Your RMD is determined by your age and account balance at the end of the previous year. Failing to take your RMD could result in a penalty of up to 25%. Determining your RMD is a fairly quick two-step ...

We answer some pretty complex IRA and retirement plan questions. Our newsletters and other Slott Report entries can get into the weeds on some tricky topics. The thing is, when you spend all your time ...

Traditional IRAs and 401(k) plans allow workers to save pre-tax dollars for retirement. Any contributions can be deducted from gross income, provided modified adjusted gross income does not exceed ...

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, I will be subject ...

My husband will turn 73 on Nov. 16, 2027. How much of an RMD does he have to withdraw in 2027 and should he do it between Nov. 16 and Dec. 31, 2027? What percentage of his retirement assets should he ...

Required minimum distributions (RMDs) become an annual obligation once you turn 73. The size of your RMD will depend on your current age and the balance in your tax-deferred retirement accounts.