I have $1 million in my IRA. Once I reach 73 years of age what are the withdrawal requirements? I retired five years ago with ...

Once you reach a certain age, you are required to start withdrawing money from certain retirement accounts. This is known as ...

Your life expectancy factor, as published in IRS tables, which can be found here (in Appendix B). Most people will use the Uniform Lifetime Table, unless your sole beneficiary is your spouse who ...

Kentucky resident Shelby French, a 75-year-old retiree, said she uses her required minimum distributions to pay “big things” like long-term care premiums, property taxes and homeowners insurance.