What Is an RMD?

Required minimum distributions (RMDs) are an important part of retirement planning, but understanding when to take them, how much to withdraw, and what they mean for your taxes can get confusing.

This week, Regina breaks down the basics of RMDs, including how they're calculated, which retirement accounts are subject to them, and what happens if you miss a required withdrawal.

She also explains how RMDs can affect your tax bracket and Medicare premiums, why Roth conversions may be worth considering before reaching RMD age, and how inherited retirement accounts come with their own withdrawal rules.