You may not have to take a required minimum distribution (RMD) if you're under 73, or if the account meets certain criteria.

RMDs are minimum amounts that you must withdraw annually from your IRA or other retirement plan account. Did you know that, in most cases, you must start taking required minimum distributions (RMDs) ...

It pays to calculate RMDs (Required Minimum Distributions) as you approach retirement or if you are already retired. You'll avoid tax penalties and preserve more of your retirement savings. Besides ...

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 ...

An inherited individual retirement account (IRA) is a potential financial windfall that may create new opportunities to achieve your financial goals. If you are a beneficiary currently or expect to be ...

An inherited individual retirement account (IRA) is a potential financial windfall that may create new opportunities to achieve your financial goals. If you are a beneficiary currently or expect to be ...

There's actually a pretty clear answer to the question. But first things first.