If you play your cards right, you can avoid an unwanted tax bill. When I first started working full-time and was able to make ...

If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...

Required minimum distributions (RMDs) on pre-tax retirement accounts start at age 73 for account holders born between 1951 ...

But keep in mind that you can't keep all that money in there forever. The IRS requires you to begin withdrawing money from ...

But there's a big drawback to saving for retirement in a traditional IRA or 401 (k). These accounts force you to take ...

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

At 73, you’ve reached a significant milestone, which is a result of a lifetime of hard work, planning, and perseverance. Congratulations! However, this particular birthday also comes with an essential ...

The shaky economy and plunging stock market are leading many Americans to cut back on their spending. If you're retired, you might also be inclined to pull less money out of your retirement account.

Every year, around tax time, FINRA receives questions from investors about required minimum distributions, or RMDs. In a nutshell, an RMD is the amount you must take out of your traditional retirement ...

It pays to calculate RMDs (Required minimum distributions) as you approach retirement or if you are already retired. RMDs are the minimum annual withdrawals you must make each year from most ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

But keep in mind that you can't keep all that money in there forever. The IRS requires you to begin withdrawing money from ...