When you are preparing for retirement, there are a ton of important decisions you must make. For many people, it’s overwhelming to make all of these choices. That’s where basic rules of thumb come in.

This new 10-year rule called into question whether a beneficiary would also have to continue taking RMDs from an account ...

Most Americans 73 and older won't have to worry too much about required minimum distributions (RMDs) again for a while. They ...

Seniors with non-Roth retirement accounts must take required minimum distributions (RMDs) annually or face steep IRS penalties. The SECURE Act of 2019 has changed the rules for beneficiaries ...

Nearly every investor understands that, eventually, they will be required to take distributions from their tax-deferred ...

Required minimum distributions (RMDs) are one way the IRS ensures you pay taxes on money you have saved in tax-deferred ...

Elon Musk’s U.S. DOGE Service is seeking access to a heavily guarded Internal Revenue Service system that includes detailed financial information about every taxpayer, business and nonprofit in ...

Here are the three RMD mistakes you should avoid if you want to pay the IRS as little as possible. Most adults 73 and older must take their RMDs by Dec. 31 of the year in question. For example ...

Required minimum distributions (RMDs) are one way the IRS ensures you pay taxes on money you have saved in tax-deferred retirement accounts, such as a 401(k) or traditional IRA. Since you receive ...

The system, known as the Integrated Data Retrieval System, is used by IRS employees to review a person's tax information, issue notices and update taxpayer records. The database includes such ...