Required minimum distributions (RMDs) on pre-tax retirement accounts start at age 73 for account holders born between 1951 ...
If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...
But keep in mind that you can't keep all that money in there forever. The IRS requires you to begin withdrawing money from ...
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.
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're 73 years old or older as of this year, you are required to annually withdraw money from most retirement savings accounts. The size of this withdrawal varies with age and the amount of ...
If you’re nearing retirement or thinking about it, the last thing you want to do is run into financial setbacks.
Missing an RMD deadline can result in a 25% penalty on the amount not withdrawn.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 ...
You can't avoid required minimum distributions (RMDs), but you can control where that money goes. Some RMD strategies can help you avoid taxes. Your unneeded RMDs can give your favorite causes a leg ...
Follow these tips to help clients draw down their retirement funds in a tax-efficient manner and avoid common mistakes.
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TOPEKA, Kan. (WIBW) - This is the time of year when people a certain age must take money out of certain retirement accounts. The Required Minimum Distributions are a requirement, but you do have some ...