Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn. Prior ...

In general, anyone with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) ...

Unfortunately, since the new tables were finalized so late in 2020, they were not applicable in the beginning of 2021 as scheduled. The IRS pushed off their effective date for an additional year to ...