Anyone facing required minimum withdrawals from retirement accounts should note there's been a change to calculating those amounts. Starting this year, new IRS life expectancy tables — which are used ...

As GOBankingRates previously reported, RMDs were waived for 2020 because of the COVID-19 pandemic, but they returned last year along with changes to the age requirements. Things could get even more ...

A big change made by the SECURE 2.0 Act of 2022 was adding a new statute of limitations (SOL) for the IRS to assess penalties for missed required minimum distributions (RMDs) and excess IRA ...

The Internal Revenue Service is extending tax relief on required minimum distributions from inherited individual retirement accounts and annuities not made in 2024 after providing similar relief in ...

Using the modified tables should be generally straightforward for most account owners, although there are a couple of situations that may be trickier this year. One of those instances involves anyone ...