RMD rules are more than just guidelines, according to EBRI research released last week, but are clearly a defacto default strategy.

Everybody hates being told what to do, and retirement investors hate it even more when being told what to do comes with a ...

1. You inherited an IRA in 2023, and the owner did not take their 2023 RMD. 2. You are a designated beneficiary who inherited an IRA in 2020, 2021, or 2022, and the owner died on or after their ...

Pay at least 90% of your 2021 liability or 100% of what you owed ... wait until December to take your RMD and ask the sponsor to withhold a big chunk for the IRS, enough to cover your estimated ...

Failing to take your RMD as scheduled can result in a 25% penalty on the amount you should have withdrawn. You may have to take the money out of your retirement account, but you're not required to ...

Each has its pluses and minuses, but none will change the amount of your RMD – that’s based on the value of your retirement accounts at the end of the previous year and your age. A financial ...

So, how is the 2025 RMD calculated? Here’s an example ... and figure out what Sofia’s baseline life expectancy was in 2021 (the year following the year Alejandro died) when she was 56 ...

These required minimum distributions, or RMDs, were waived for 2020 due to the coronavirus pandemic, but they’re back for 2021. The amount of your RMD depends on several factors, including your ...

Required minimum distributions must be taken by Dec. 31 to avoid penalties, but first-time RMD takers have until April of the following year. Roth IRA conversions must be completed by Dec. 31 ...