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.

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

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 ...

The IRS imposes steep penalties for anyone who misses a required minimum distribution. The rules have changed significantly recently, and 2024 saw some new updates and definitive rulings from the IRS.

A substantial number of elderly, retirement-age investors are failing to take required minimum distributions, or RMDs, a new ...

One thing that makes most types of specialized retirement accounts so attractive is that investors don't have to pay taxes on the money they contribute to them until they begin making withdrawals.

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age.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

Question: I am retired and turning 73 in 2025. My brokerage company just informed me by letter that I am required to take a distribution from my traditional IRA account. I do not need the money and do ...

Required minimum distributions (RMDs) on tax-deferred retirement accounts start at age 73 for individuals born between 1951 and 1959. The Secure 2.0 Act eliminated RMDs on Roth 401(k) plans and Roth ...

One of the biggest advantages of saving in retirement accounts like a 401(k) or IRA is that you can deduct your contribution from your taxes. On top of that, your investments in those accounts grow ...