There's plenty to like about retirement accounts like 401(k)s and traditional IRAs. Both types of accounts allow your ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions ...

As you approach retirement, it’s important to consider how required minimum distributions (RMDs) from your IRA or 401(k) ...

That amount is divided by the account holder’s life expectancy factor – a number computed by the IRS – to produce the RMD amount. For example, the IRS life expectancy for a 74-year-old ...

Once you reach a certain age, the government imposes required minimum distributions, or RMDs, on your accounts each year. You ...

Did you know that, in most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts ...

The first factor is straightforward, but the LEF may be a new concept to some. The IRS provides LEFs for every age. Once you know your LEF, you can find your RMD by dividing your account value at ...

Two things ultimately determine how much your RMD is: your account value at the end of the previous year and your life expectancy factor (LEF). The IRS has a table with LEFs for every age ...