To calculate your required minimum distribution, simply divide the year-end value of your IRA or other applicable retirement account (such as a traditional 401(k)) by the distribution period value ...

Use SmartAsset's RMD calculator to see what your required minimum distributions look like now and in the future. Enter your retirement account balance at the end of the previous year, your age and the ...

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

An individual retirement account, more commonly referred to as an IRA, is a good place to save for your retirement. Once you reach a certain age, though, you'll have to start taking a minimum amount ...

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What goes up must come down. That's a basic way of expressing gravitational pull, but I'm actually talking about the balances of certain retirement accounts. If you invest in a tax-deferred retirement ...

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

Tax-deferred retirement accounts like traditional IRAs and 401(k) plans let investors reduce their tax burden in a given year by deducting contributions from their gross income. But the tax payments ...