Vanguard says millions of elderly retirees are making a critical mistake that leads to tax ...

A substantial number of elderly, retirement-age investors are failing to take required minimum distributions, or RMDs, a new ...

Don’t make this year-end retirement mistake — Vanguard says it’s draining savings fast

As the year draws to a close, retirees must remember to take their required minimum distributions (RMDs) from retirement ...
PLANADVISER

Missing RMDs Cost Investors $1.7B in Penalties, per Vanguard

More than half of investors with IRA balances under $5,000 missed their required minimum distribution in 2024, according to ...

Retirees, This End of Year Error Could Cost You Big, Says Vanguard Study

Many retirees miss required minimum distributions each year, risking steep IRS penalties that Vanguard estimates could total up to $1.7 billion annually.

Many retirees aren't taking required distributions. It can cost them.

As many as 7% of retirees aren't taking required withdrawals from their accounts, a mistake that can be costly. Luckily, ...

Many Retirees Are Making This $1.7 Billion Mistake With Their IRAs

Based on an analysis of the firm’s own IRAs, Vanguard researchers found that nearly 7% of account holders forgot to take an RMD last year. The average missed RMD amount was $11,600, generating tax ...
National Association of Plan Advisors

RMDs (Still) Prove Difficult for Many Retirees

A recent report from Vanguard found that 6.7% of investors with a Vanguard-administered IRA did not take a required minimum distribution (RMD) in any amount in 2024.