Don't be late taking your RMD, because the penalty is surprisingly large.

Jeff Massey, Investment Advisor Representative and CFP®, is helping retirees and near‑retirees understand the latest updates ...

Leaving RMD funds in your retirement account throughout the entire year allows more time for growth. Taking RMDs in December can simplify taxes by ensuring you only owe taxes on a single withdrawal, ...

Let's be honest, retirement planning already feels overwhelming without worrying about missing critical deadlines. Yet ...

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age.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

There is no best time to take a required minimum distribution (RMD), but delaying until December can maximize tax-deferred growth and potentially eliminate the need for quarterly estimated payments.

Tax-deferred retirement accounts are a necessary source of income for seniors looking to age in place. But it can be confusing to navigate the options for taking the required minimum distributions ...

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 ...

Missed IRA RMDs can cost clients thousands, Vanguard research shows. But financial advisors can help erase tax penalties and ...

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 ...

If you’re required to, you can now take your 2026 required distribution from your ordinary retirement accounts. If you need to sell something to take a cash RMD though, you’ll want to consider where ...