As I turn 73 later this year, I’ve reached a significant, if dubious, milestone. I’m now subject to Required Minimum Distributions. It's worth taking a moment to celebrate reaching this point. Having ...

Required minimum distribution rules are shifting again, and anyone with a traditional IRA or employer plan needs to understand the latest changes before 2025 ends to avoid painful penalties and ...

Forbes contributors publish independent expert analyses and insights. Empowering smarter money moves. Have you considered using a QCD vs RMD for charitable giving, reducing your tax burden and ...

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An RMD is an amount you must withdraw from certain retirement accounts once you’re 73. You can calculate your RMD using the IRS uniform lifetime table. You may be subject to excise taxes if you fail ...

Missing an RMD deadline can result in a 25% penalty on the amount not withdrawn.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 ...

Use SmartAsset's RMD calculator to see what your required minimum distributions look like now and in the future. Enter your retirement account balance at the end of the previous year, your age and the ...

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Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Suzanne is a content marketer, writer, and fact-checker. She ...

Time flies — and never so quickly as we approach the annual deadline for taking required minimum distributions from traditional IRAs and 401(k) and 403(b) plans. With more boomers reaching age 73 each ...