Don't skip calculating your Required Minimum Distributions (RMDs) as retirement nears or once you're already retired. You'll avoid hefty tax penalties and keep more of your hard-earned savings intact.

As investors reach the age of retirement after years of diligently investing, many wonder about the rules for retirement account distributions and how much should be withdrawn from these accounts.

You don't have to take RMDs from Roth accounts. RMDs are based on your age and your account balance at the end of the previous year. With the holiday season just weeks away, you probably want to focus ...

Required minimum distributions (RMD) are mandatory withdrawals seniors must take from their retirement accounts starting at age 73. It's not a set dollar amount, however — RMDs are a sliver of your ...

Use SmartAsset's RMD calculator to see what your required minimum distributions look like now and in the future. Enter your retirement account balance at the end of the previous year, your age and the ...