That’s because the Internal Revenue Service (IRS) mandates withdrawals from these retirement accounts once you turn 73 (1).

If you have six or seven figures saved up for retirement, RMDs can be a real headache.

The death of a loved one is hard enough without the added stress of inherited accounts.

Waiting until the last minute to make your first RMD can be costly.

This article discusses what RMDs are, how they work, what accounts have them, when you need to take them, how to calculate ...

Knowing how much you need to withdraw can save you from unnecessary penalties.

Once you turn 73, the IRS requires you to take taxable withdrawals from ordinary (non-Roth) IRAs. While these distributions are taxable, they’re also opportunities to restructure your portfolio or ...

Retirement accounts like the 401(k), 403(b), and traditional IRA are tax-deferred, meaning you get a tax break upfront (the ability to deduct contributions from your taxable income), but you must ...

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age. These mandatory ...

Are you fortunate enough to not yet need the withdrawal from your retirement account that the IRS is forcing you to take at some point during the year ahead? If so, congratulations! And don't sweat it ...