If you turned 73 in 2025 and planned to take your first required minimum distribution (RMD) by April 1, 2026 -- but didn't -- you're not alone. And you have options. The Internal Revenue Service (IRS) ...

Missing the RMD deadline may result in a 25% tax penalty. The penalty can be reduced to 10% or waived for reasonable errors. Annual RMD is calculated by dividing the account value by a life expectancy ...

In 2025, retirees turning 73 face a pivotal moment in their financial journey. The Internal Revenue Service (IRS) requires these individuals to take their first Required Minimum Distribution (RMD) ...

You were supposed to take a required minimum distribution (RMD) from your retirement account by Dec. 31, 2025. You planned to do it, but you lost track of it in the busyness of the holidays, and now ...

The penalty for missing a required minimum distribution (RMD) is one of the largest in the Tax Code. For years it was 50 percent of the amount that should have been taken but was not. That penalty was ...

The standard RMD penalty is 25% of the amount you should have withdrawn. You can drop it to 10% if you take your RMD within two years and file the right tax form. The IRS may also waive your penalty ...