That’s the top question I receive when I’m out and about talking about retirement portfolio planning, including some research that our team has been producing since 2021. Beginning in 2022, the ...

An RMD is an amount you must withdraw from certain retirement accounts once you’re 73. You can calculate your RMD using the IRS uniform lifetime table. You may be subject to excise taxes if you fail ...

Using this calculator, which illustrates the difference between an individual’s “old” and “new” RMD amounts, we can see that by using the new Uniform Lifetime Table (the table used by most owners to ...

While the process may seem mysterious, the methodology of calculating your required minimum distribution (RMD) is rather simple. Your yearly RMD is calculated using a formula based on the IRS’ Uniform ...

You don’t have to be a Jeopardy champion to know how to calculate required minimum distributions for 2022, but it may be equally challenging due to several recent tax rule changes. First, the Secure ...

If you turned 72 in the second half of 2021 and did not take your first RMD last year, you will need to do so by the April 1 deadline. Some people wait until the last minute to take care of things. If ...

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 ...