Understand when and how to calculate RMDs and avoid stiff penalties from your tax-deferred IRA.

The required minimum distribution, or RMD, is the minimum amount that you have to pull out of your IRA, SIMPLE IRA, SEP IRA or retirement plan account. According to the IRS, If you reached the age of ...

Required minimum distributions (RMD) are mandatory withdrawals seniors must take from their retirement accounts starting at age 73. RMDs are not a set dollar amount. Rather, they're a sliver of your ...

As investors reach the age of retirement after years of diligently investing, many wonder about the rules for retirement account distributions and how much should be withdrawn from these accounts.