Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn. Prior ...
The subject of having multiple traditional IRA accounts came up recently in a presentation I was giving on QCDs. The context was donating IRA money to charity after age 73 during the IRA's required ...
A required minimum distribution is money that must be taken out of a retirement savings plan. More specifically, RMDs are the ...