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Prevent drug shortages, save hospitals $550M: AHA

Discover the staggering impact of drug shortages on hospitals and health systems, costing over $550 million annually. The AHA urges Congress to take action.

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Penalty For Missed RMDs Is Reduced; Why You Should Care

While the penalty for a missed RMD has been reduced from 50% to 25% (and possibly 10%), it shouldn’t alter your approach for taking timely RMDs.

'Your Money': The limited 10% penalty for a missed RMD (copy)

Last week, we discussed the reduction of the excise tax (penalty) for failure to take a required minimum distribution, or RMD, from 50% of the minimum amount not distributed to

'Your Money': Penalties for failed RMDs reduced

If you are a regular reader, you’ll know that when I discuss IRAs or 401(k)s or taxes generally, I’ll remind you that you need to review your situation with your