It pays to calculate RMDs (Required Minimum Distributions) as you approach retirement or if you are already retired. You'll avoid tax penalties and preserve more of your retirement savings. Besides ...

The math is easier than you think. With the holiday season just weeks away, you probably want to focus your attention on parties, gifts, and maybe some upcoming vacations. But if you're 73 or older ...

If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...

A new year raises an old, perennial question about how retirees should optimize the use of their retirement savings.

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Required minimum distributions from IRAs and 401(k)s can become a major ...

Once you reach the age of 73, the IRS requires you to make minimum annual distributions from non-Roth retirement accounts. You must calculate your own RMD based on the value of your ordinary IRAs as ...

In general, anyone with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) beginning at age 73. RMDs are calculated by dividing the retirement account ...

You don't have to take RMDs from Roth accounts. RMDs are based on your age and your account balance at the end of the previous year. The $23,760 Social Security bonus most retirees completely overlook ...