Required minimum distributions (RMDs) are the minimum amount that you are required to withdraw from certain types of retirement accounts each year once you reach a certain age. RMDs apply to traditional individual retirement accounts (IRAs) and 401(k) plans, as well as other types of retirement accounts that allow you to defer paying taxes on your contributions and earnings until you withdraw the money in retirement.
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The final regulations retain the controversial IRS interpretation of the 10-year rule for inherited IRAs....
The IRS and the Treasury Department released final regulations on RMDs related to the SECURE Acts....
This couple is learning about how their RMDs fit into their retirement plan. Required Minimum Distributions (RMDs) are a vital aspect of retirement planning that every retiree should understand to eff...
Concerned about RMDs? Worried about outliving your retirement savings? A qualified longevity annuity contract defers some RMDs and guarantees lifetime income....
Some retirees make an expensive mistake by trying to roll over their required minimum distributions to Roth IRAs....
The IRS again waived the required minimum distributions for inherited IRAs. But not taking a distribution could cost you more over the long term....
No matter where you are in your financial journey, many options are available, including eliminating RMDs altogether through Roth conversions....
I'm still a few years away from being required to withdraw from my IRAs. A big part of the dollars needed to satisfy the minimum RMD is being generated by dividends and interest. In the event that I n...
Check out the latest podcast episode on retirement planning and Social Security by listening on “Apple Podcasts” or “Spotify Podcasts” and watch more retirement planning videos...
I am 60 years-old and retired. I have about $800k in [traditional] IRAs and about $700k in brokerage accounts. Should I start drawing on my IRA's now, or should I leave it to grow and draw from my aft...
Learn about the 2024 guidelines related to required minimum distributions from qualified retirement accounts....
Those age 73 and older must make required withdrawals from retirement plans by Dec. 31...
Photo credit: jb If you have an IRA that you have to take Required Minimum Distributions (RMDs) from, you need to do this every year by the end of the year. So what if you forget one year? The rule is...
By Dr. Jim Dahle, WCI Founder Inherited IRA rules changed a few years ago, but Congress and the IRS did a terrible job of really communicating all of the new rules that occurred as a result of the SEC...
At what age do Required Minimum Distributions kick in? (I'm 67 now.) What kinds of accounts do they apply to? I have a mix of Roth and conventional IRAs, 401k's, annuities, and some TIAA/CREF stuff, t...
Hello - pardon the throwaway. I've been pretty active in this sub under my other name, and I'm really apprehensive about asking this question. I just found out my company is being sold in Q1 24. I fee...
The IRS is reminding some seniors and retirees of an important required minimum distribution (RMD) deadline that is just a couple of weeks away....
Due to new laws and IRS waivers, taking required minimum distributions from an inherited IRA can bring a lot of questions....
The new law makes important changes in required minimum distributions for retirement accounts....
January 20, 2023 — The end of the year presented several gifts to well off folks with substantial IRA, 401(k), or 403(b) balances. The biggest is that, thanks to the Secure 2.0 Act of 2022, the ...
December 4, 2022 — Folks who were born in 1950 face their first Required Minimum Distributions (RMDs) from their IRAs and 401(k) type plans. The SECURE Act of a few years ago fixed the age for R...
Here’s every retirement milestone mapped to the exact birthday: catch-up contributions, the Rule of 55, Medicare, Social Security, and RMDs. The post Retirement Milestones by Age: 50 to 75 appeared fi...
If you start optimizing your taxes now, you can head off the inevitable tax consequences waiting for you when RMDs kick in — and when your family inherits.
Learn how Roth conversions work, when they may make sense, and how taxes, RMDs, Medicare premiums and withdrawal rules may affect your retirement plan.
In‑kind RMDs let you transfer investments instead of selling them for cash. Learn how property distributions work, why investors use them and the tax rules.
I always put the maximum amount allowed into my 401K. Now I realize that I will be paying high taxes when I need to take RMDs. Now I realize how much lower my taxes would be if I only lived off of qua...
Answering listener questions about how they can make smarter use of Roth accounts and tax-efficient retirement strategies and how they can think about reducing future RMDs. The post Roth Conversions f...
I just turned 65 so I will not have to start taking RMDs until I'm 75. Since IRMAA is based on income from 2 years prior, that means I won't get hit with IRMAA until I'm 77 (2 years after my RMDs star...
Hi everyone! My husband and I were having a fun conversation about what to do with our RMD dollars when they start coming in (we are 5 years out so it’s just a fun question, not advice). We both love ...
Retiring after age 65 changes the math and the priorities. You have fewer high-energy years, shorter tax planning windows, and RMDs much closer than most people realize. But you also often have higher...
FROM THE ARTICLE. From RMDs to longevity risk, these concepts shape how long your savings last. By David Hochman, AARP. Published January 13, 2026. Most of us have spent decades earning paychecks, jug...
Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how....
In this episode, Tammy asks about the pros and cons of doing Roth conversions in retirement to manage Required Minimum Distributions (RMDs) down the road. With $2.9 million in combined IRAs and curren...
John asks if taking larger IRA withdrawals beyond his RMD to fund his daughter's Roth IRA makes sense as a strategy to reduce future RMDs, lower estate taxes, and pass on tax-free assets. Although thi...
John asks if taking larger IRA withdrawals beyond his RMD to fund his daughter’s Roth IRA makes sense as a strategy to reduce future RMDs, lower estate taxes, and pass on tax-free assets. Althou...
Think your tax bill disappears in retirement? Think again. It may drop for a few quiet years, until RMDs, Social Security taxation, and Medicare IRMAA kick in. That “low-tax retirement” dr...
So I'm looking to start ROTH conversions once I retire in 2 years (at 62). I'm hoping to lower overall taxes in my lifetime, eliminate or reduce taxes for my heir (my kid), avoid forced RMD's (and inc...
All of the traditional logic and advice points to Roth conversions being critical to optimize taxes and control RMD's later in retirement. But with our desired retirement lifestyle of spending for exp...
About 5 years ago, when I started doing a relative's tax return, he was always prompting me to make a quarterly tax payment. Since he had to take RMDs and since he did not need the income from the RMD...
Maximize your retirement savings and minimize your tax burdens by taking advantage of the strategic 'Golden Window' before Social Security and RMDs begin....
In this episode, Tammy asks about the pros and cons of doing Roth conversions in retirement to manage Required Minimum Distributions (RMDs) down the road. With $2.9 million in combined IRAs and curren...
These seven milestone ages mark your eligibility for significant retirement benefits, including catch-up contributions and required actions, such as taking RMDs at age 73....
You really can defer RMDs and lower taxes while at the same time increasing the long-term growth of your IRA. Here's how....
I'm 67, and will have to start taking out RMDs from my IRA account at 73. This will give me a big tax hit at that time and subsequently. I was thinking I could pull out $50K/year from the IRA for the ...
The IRS is filling gaps, fixing glitches and answering questions about the SECURE Act and SECURE Act 2.0, and about required minimum distributions (RMDs) in general....
To navigate complex rules on inherited IRAs and RMDs, start by breaking down key terms and common scenarios. A clearer picture of your next steps will emerge....
Retirement savers with big bucks in traditional IRAs and pretax 401(k)s could face huge tax bills when RMDs kick in. One potential solution? A Roth 401(k)....
Now is a great time to minimize your upcoming tax bills, get your RMDs in order and make sure your investments are on track for a prosperous new year....
If you've been a good saver and face large required minimum distributions (RMDs), then you need to plan for how to head off or limit higher Medicare premiums....
The IRS has issued final regulations focused on required minimum distribution (RMD) rules for inherited IRAs....