Did you recently receive a required minimum distribution (RMD) from your IRA, beating the Dec. 31 deadline? Excellent. Or ...
A required minimum distribution is money that must be taken out of a retirement savings plan. More specifically, RMDs are the minimum amounts that must come out of given retirement plan accounts ...
There are some exceptions to RMD rules, for the record. Chief among them is the fact that your very first one doesn't need to ...
If you like, you can reinvest this required minimum distribution. If that's your plan, though, there are some things you might want to know about the process and your options. On the off-chance ...
As we approach the end of 2024, have you taken your required minimum distribution ... If your employer plan allows, you might qualify for the "still-working" exception, enabling you to defer ...
This legal tax-planning strategy allows you to donate ... And yes, QCDs can count as part of your required minimum distribution each year. The qualified charitable distribution rule was made ...
Your broker or retirement plan manager annually reports updated ... Whatever the case, if you're supposed to take a required minimum distribution in calendar 2024, the clock is ticking.