A new year raises an old, perennial question about how retirees should optimize the use of their retirement savings.

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

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

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

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

These accounts force you to take required minimum distributions (RMDs) once you reach a certain age. That age is 73, or 75 if ...

Missing required minimum distributions can lead to large tax penalties.

One of the biggest advantages of saving for retirement in an account like an IRA or 401(k) is that you can defer your taxes. Instead of paying a big tax bill upfront, you can wait to pay taxes until ...

One of the biggest benefits of saving in traditional retirement accounts like a 401(k) or IRA is the upfront tax break you receive. You won't owe any income taxes on contributions in the year you make ...

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age. These mandatory ...

Do the ins and outs of required minimum distributions (RMDs) from individual retirement accounts (IRAs) have you feeling a bit overwhelmed? Maybe you're turning 73 years old this year and will soon be ...

Required minimum distributions (RMDs) start in the year someone turns 73. The penalty for not taking RMDs can be up to 25% of the missed amount. The penalty for missed required minimum distributions ...