At 73, you’ve reached a significant milestone, which is a result of a lifetime of hard work, planning, and perseverance. Congratulations! However, this particular birthday also comes with an essential ...

Are you going to be at least 73 years old this year? Do you have any money sitting in an ordinary (non-Roth) IRA? If your answer to both questions is "yes," then here's some bittersweet news -- ...

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age.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

Dear Liz: I’m confused about required minimum distributions from my retirement accounts. I’d like to avoid taxes on my withdrawals, but it seems there is no way to avoid them. Please give me some ...

Retirees must begin taking required minimum distributions (RMDs) in the year they turn 73. Failing to take your RMDs could result in a penalty of up to 25% (10% if corrected in a timely manner).

Non-Roth IRA owners who are 73 years old or older are required to make taxable withdrawals from these accounts. Given that these are almost always taxable distributions, investors will want to plan ...