You may not realize it, but if you're saving for retirement with some tax-advantaged retirement accounts such as IRAs and 401(k)s, some of those accounts may require that you take required minimum ...
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 ...
Retirement accounts like a 401(k) or IRA come with some big advantages. Perhaps the most attractive benefit of these accounts is you can defer your taxes until retirement. Doing so could give you more ...
Business Intelligence | From W.D. Strategies on MSN

5 tips for avoiding penalties on your first required minimum distribution

Retirement planning is full of twists and turns, yet few things cause as much confusion as required minimum distributions.
Don't miss your RMD deadlines, or you could face a steep penalty. Don't bank on getting out of all of your RMDs just because you're still working. Don't just take your money without having a plan.