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What's the best way to take RMDs from your retirement accounts? Experts rate the top 3 strategies.

Por: MarketWatch Business December 12, 2022

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—Carol Dear Carol,  Congratulations on making it through a career of teaching, and for having saved enough that you don’t need the full amount of your required minimum distributions (RMDs) to live on right now. But the government wants its taxes, so you have to take out the according to the formula and pay income tax on it every year once you turn 72.  If you don’t take your RMD in time, which is typically Dec. 31, you face a 50% penalty... + full article



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