Required minimum distributions (RMDs) are the minimum amounts you must withdraw annually from certain retirement accounts, ...

If you must take RMDs from a retirement account with a balance of $500,000 or more, consider a Roth conversion or these other strategies to lessen the financial shock.

For many retirees, 73 is the magic age -- the time they must begin withdrawing required minimum distributions (RMDs) from ...

The SECURE Act also essentially eliminated the “stretch IRA” option for non-spouse ... You would use the IRS Single Life Expectancy Table to calculate your first RMD. If the original owner ...

They get the stretch IRA just like before. They are exceptions. Many times an IRA owner dies and hasn’t taken the RMD yet for the year of death because many people wait till the end of the year.

Inherited IRAs offer financial opportunities to beneficiaries but you must understand the 10-year rule to optimize your inheritance and avoid penalties.

A little-known feature of RMD tax withholdings could help minimize a client's effective tax burden. Not all financial ...

Since lifetime required minimum distributions ... with your IRA. Finally, spouses cannot aggregate RMDs with RMDs from the other spouse’s IRAs. The Uniform Lifetime Table is typically used ...

So, for example, if you hold a 401(k) and an IRA you would need to ... The IRS publishes a table called the Uniform Lifetime Table. To calculate your RMD, you look up your age on this table.

This rule generally applies to non-spousal beneficiaries if the original account owner had already reached the RMD age before death. Previously, heirs could stretch out inherited IRA withdrawals ...

You are grandfathered into the so-called stretch IRA rules that applied before ... To determine next year’s RMD, use IRS ...