AOL

2024 RMD Rule Updates: How They Affect Your Retirement Income And Charitable Giving

As 2024 progresses, it's important to be aware of several required minimum distribution (RMD) rule updates, particularly if you are nearing retirement. Whether navigating the new RMD age limit or ...
Forbes

QCD VS RMD Give Retirement Distributions To Charity, Pay Zero In Taxes

Forbes contributors publish independent expert analyses and insights. Empowering smarter money moves. Have you considered using a QCD vs RMD for charitable giving, reducing your tax burden and ...
Hosted on MSN

Ask an Advisor: Does a Delayed RMD Count as Income for the Previous Year?

If I turn 73 in 2025 and take out my first RMD before Dec. 31, 2025, it would be 2025 income. If I wait until the April 1, 2026 deadline for RMDs, would the withdrawal still count as 2025 income? I ...
Hosted on MSN

RMD Deadline April 1: Five Tax Strategies to Manage Your 2025 Income

April 1 isn’t just April Fool’s Day. It’s also the latest date to take your first RMD from tax-deferred retirement accounts like IRAs and 401(k)s if you turned 73 last year. Missing this deadline can ...
Nasdaq

Ask an Advisor: If I Delay My First RMD, Can I Count It as Income for the Previous Year?

Whether you take your first required minimum distribution (RMD) in 2025 or delay it until 2026, I can see how you might assume it would count as income in 2025. But distributions are taxed in the year ...