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I Waited to Take My First RMD Until April 1st. Will This Affect My Second Year's RMD?
SmartAsset via Yahoo Finance· 2 months agoUnlike most personal finance questions, the answer to this one is short and simple: yes, waiting...
Ask an Advisor: If I Delay My First RMD, Can I Count It as Income for the Previous Year?
SmartAsset via Yahoo Finance· 3 months agoIf I turn 73 in 2025 and take out my first RMD before Dec. 31, 2025, it would be 2025 income. If I...
Ask an Advisor: Will $25k in Annuity Payments Cut My $50k RMD in Half?
SmartAsset via Yahoo Finance· 3 months agoI’m in my mid-70s and I’m considering purchasing an immediate single premium lifetime annuity for...
How Can I Get My RMD Penalty Waived?
SmartAsset via Yahoo Finance· 4 months agoRMDs are mandatory annual withdrawals from your retirement accounts. The IRS requires these distributions to occur, even during rocky periods of life....
When Should I Take My First RMD?
SmartAsset via Yahoo Finance· 3 months agoYou may not be thinking about required minimum distributions (RMDs) throughout your career, but chances are that they’ll be on your mind once you hit...
How Can I Reduce the Amount of My RMD Payments?
SmartAsset via Yahoo Finance· 1 month agoIn the year that a required minimum distribution (RMD) is due from a 401(k), IRA or other pre-tax retirement account, you’re required to withdraw a...
Required Minimum Distribution (RMD) Calculator
SmartAsset via Yahoo Finance· 3 months agoUse SmartAsset's RMD calculator to see what your required minimum distributions look like now and in the future. Enter your retirement account balance at...
Ask an Advisor: I'm Over Age 72. How Do I Avoid the RMD Tax Bite?
SmartAsset via Yahoo Finance· 2 months agoI'm over age 72. What can I do about avoiding the required minimum distribution (RMD) tax bite? I...
In Case You Missed it: 2023's IRA Required Minimum Distribution (RMD)
SmartAsset via Yahoo Finance· 12 months agoAn individual retirement account, more commonly referred to as an IRA, is a good place to save for...
How the 10-Year RMD Rules Work for Inherited IRAs
SmartAsset via AOL· 3 months agoInheriting an IRA as a beneficiary can increase your financial security. But, because an inherited IRA usually imposes a 10-year distribution schedule,...
