Retirement planning is full of twists and turns, yet few things cause as much confusion as required minimum distributions.

After years of delaying income tax on your 401(k) and individual retirement account contributions, you must finally pay the tax bill in retirement. Distributions from 401(k)s and traditional IRAs ...

Dear Liz: I have $160,000 in a 403 (b) retirement plan and I’m 70. I know I have to start taking required minimum ...

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

Revocable trust: Also referred to as a living trust, this option gives the grantor the ability to make changes to the trust at any time. The grantor has control over how and when beneficiaries receive ...

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

In January of 2021, we published two blog posts regarding Department of Labor (“DOL”) guidance on missing retirement plan participants. The first post describes DOL guidance on best practices for ...

The House Ways & Means Committee is once again tinkering with the law that requires retirees to take minimum distributions from their individual retirement accounts (IRAs) and 401(k)s. Each time, ...

However, if you have a big, old, fat, traditional IRA, and you know you're going to be paying big required distributions, by starting to convert some of that money to Roth earlier, you will be ...

A key aspect of saving for retirement through qualified retirement plans and IRAs is deferring taxes until required minimum distributions (RMD) begin. Even with Roth IRAs, beneficiaries who inherit ...

The combined effect of several recent changes to tax laws have complicated 2021 required minimum distributions. The changes — the CARES Act waiver of required minimum distributions for 2020, the ...