The required minimum distribution, or RMD, is the minimum amount that you have to pull out of your IRA, SIMPLE IRA, SEP IRA or retirement plan account. According to the IRS, If you reached the age of ...

It pays to calculate RMDs (Required Minimum Distributions) as you approach retirement or if you are already retired. You'll avoid tax penalties and preserve more of your retirement savings. Besides ...

As investors reach the age of retirement after years of diligently investing, many wonder about the rules for retirement account distributions and how much should be withdrawn from these accounts.