In general, anyone with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) ...

For recent retirees, required minimum distributions (RMDs) become a way of life at age 73 (75 if you were born in 1960 or ...

The IRS will come knocking for its share of your tax-deferred retirement savings when you hit 73, but planning ahead for RMDs ...

But there's a major drawback to having a traditional retirement account. Once you turn 73, you'll be forced to take required ...

Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn. Prior ...

Time flies— and never so quickly as we approach the annual deadline for taking required minimum distributions from ...

Recently, I’ve wondered if it makes sense to transfer the inherited IRA to a non-retirement account, take the tax and ...

The subject of having multiple traditional IRA accounts came up recently in a presentation I was giving on QCDs. The context was donating IRA money to charity after age 73 during the IRA's required ...

Much of this money is in a traditional IRA. She also receives a pension of $5,000 a month and Social Security payments of ...

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

If you're inheriting an IRA, you might think you can let that money sit and grow until you need it. But there are rules ...

Tax-deferred accounts such as traditional IRAs and 401(k) plans allow workers to delay paying taxes on qualified contributions. But the government must eventually get its due. Upon reaching a certain ...