If you've saved $250,000 for retirement, the IRS gets a say in how much you withdraw — whether you're ready or not.

Recent IRS rules and SECURE 2.0 provisions are prompting retirees and pre-retirees to rethink withdrawal and conversion ...

I’ve written before about how people who are subject to required minimum distributions from traditional tax-deferred accounts can use their RMDs to correct imbalances and other problem spots in their ...

Penalties have become a billion-dollar business for the IRS.

RMDs are something you need to manage carefully in retirement if you're subject to them. And that starts with the timing of ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Missing the RMD deadline may result in a 25% ...

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 ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Required minimum distributions from IRAs and 401(k)s can become a major ...

Should you take your 2026 RMD early or wait? Learn the pros and cons, tax implications, and how timing your withdrawal can ...

At 70, he feels fine. Social Security covers the basics, his IRA is growing, and taking a $40,000 annual withdrawal keeps ...

Missing your first required minimum distribution deadline isn't ideal -- but it's far from a disaster. Here's how to fix it quickly and potentially avoid any penalty at all.