A Roth IRA conversion, sometimes referred to as a "backdoor Roth IRA," lets you transfer tax-deferred savings -- such as from ...

If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...

Taking your RMD in January could give you peace of mind and helps you avoid the tax penalty for not taking RMDs as scheduled. It could also cause you to miss out on investment earnings you could have ...

If you are retired, this is the perfect moment to review your investment exposure and— if you will be older than 73 this year ...

Retirement planning is full of twists and turns, yet few things cause as much confusion as required minimum distributions.

Missing an RMD deadline can result in a 25% penalty on the amount not withdrawn. Double-checking your RMD calculations can help prevent a penalty. You're free to withdraw more than your RMD, but ...

When you realized you'd missed the RMD. Why you missed the distribution. The date you took the missed RMD. If you're ...

Dear Liz: I have $160,000 in a 403 (b) retirement plan and I’m 70. I know I have to start taking required minimum ...

If you play your cards right, you can avoid an unwanted tax bill. When I first started working full-time and was able to make ...

Many Vanguard clients in their 70s and above missed required minimum distributions from retirement accounts in 2024. Missing RMDs can lead to tax penalties of between 10% and 25% the required amount.

What Are RMDs? Required Minimum Distributions are withdrawals that the IRS mandates you begin taking from your retirement accounts once you reach the age of 73. This rule applies to traditional IRAs, ...

Reaching 72 with $900,000 in tax-deferred retirement accounts means navigating required minimum distributions (RMDs) while ...