Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age. These mandatory ...

Retirement accounts like the 401(k), 403(b), and traditional IRA are tax-deferred, meaning you get a tax break upfront (the ability to deduct contributions from your taxable income), but you must ...

Required minimum distributions (RMDs) on tax-deferred retirement accounts begin at age 73 for individuals born between 1951 and 1959. RMDs must be completed by Dec. 31; the only exception is the first ...

The IRS has a simple formula to compute the required minimum distribution from your retirement accounts. If you have $1 million in your retirement account -- including traditional IRA accounts and 401 ...