April Fool's Day is an important RMD deadline for some older adults and retirees.

The standard RMD penalty is 25% of the amount you should have withdrawn.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 ...

Required minimum distributions (RMDs) are the government's way of collecting taxes on money that was contributed tax-free. Staying on top of RMD due dates helps you avoid IRS penalties. If you're ...

Every year, around tax time, FINRA receives questions from investors about required minimum distributions, or RMDs. In a nutshell, an RMD is the amount you must take out of your traditional retirement ...