When you reach a certain age, you'll likely be required to withdraw a certain percentage of your savings from your retirement account each year. However, these required minimum distributions (RMDs) ...

Mandatory withdrawals are technically called required minimum distributions. When must I take them? If you were born before 1951, you’ve probably already begun taking required minimum distributions.

On July 19, 2024, the Internal Revenue Service released its long-awaited final regulations on required minimum distributions for individual retirement accounts and employer plans. Two of the key rules ...

In general, anyone with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) beginning at age 73. RMDs are calculated by dividing the retirement account ...

Do Roth IRAs Have Required Minimum Distributions? No, Roth IRAs do not have required minimum distributions, at least while the account holder is still alive. But if you are the beneficiary of a Roth ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Required minimum distributions from IRAs and 401(k)s can become a major ...

Question: I am retired and turning 73 in 2025. My brokerage company just informed me by letter that I am required to take a distribution from my traditional IRA account. I do not need the money and do ...