1) In a few years I will have to take required minimum distributions (RMDs) from my traditional IRA (currently my only ...

As the RMD age has extended, compounded by strong market gains of the past decade, we are finding IRA balances exceeding our planning models and growth targets, which is resulting in RMD ...

The good news regarding IRA mistakes is how simple they are to avoid, once you know what to look out for. The goal is to ...

For 2025, you can donate up to $108,000 of your IRA funds annually ($216,000 filing jointly) while counting toward your IRA required minimum distribution (RMD). Keep in mind, your RMD would otherwise ...

How close to RMD age is too close for a conversion? Reader 2: I am 69 and have approximately $1 million in a self-directed IRA and $570,000 in a nonretirement account.

A laundry list of reasons to avoid naming a trust as an IRA beneficiary exist. The existence of trust beneficiaries tends to increase the complexities that already exist when the IRA funds pass to ...

The annual distribution requirement applies if the account was inherited from an IRA owner who already reached the required minimum distribution (RMD) age before death, which under current law is ...

Once you take your RMD out of your IRA, you can’t put it back again—the IRA designs these distributions to be taxed. Have a plan for how to use the money.

Withdrawing money from your IRA before age 75 does not count toward your RMD because you’re not required to withdraw funds until age 73 (or 75 if you were born in 1960 or later).

You can have your IRA administrator pay your church directly the $15,000, reducing your taxable RMD by that amount. That just saved you $4,864 in tax and you didn’t change anything to your net cash ...

At age 73 and every year thereafter, retirees with pretax retirement accounts, such as traditional IRAs and 401 (k)s, must withdraw a percentage of those accounts and pay income taxes on the ...

The annual distribution requirement applies if the account was inherited from an IRA owner who already reached the required minimum distribution (RMD) age before death, which under current law is age ...