When you reach a certain age, you'll likely be required to withdraw a certain percentage of your savings from your retirement ...

You spend decades of your life stashing away money into retirement accounts. But one day, that switch flips, and you go from ...

You may not have to take a required minimum distribution (RMD) if you're under 73, or if the account meets certain criteria.

Turning 73 in 2025: For the first year you're subject to RMDs only, you can wait until April 1 of the following years to take ...

Anyone facing required minimum withdrawals from retirement accounts should note there's been a change to calculating those amounts. Starting this year, new IRS life expectancy tables — which are used ...

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 ...

If you have more than one retirement account, you must calculate your required monthly distributions for each one of them separately. According to the Internal Revenue Service, you can aggregate your ...

OK, you’re feeling pretty good about your long-term savings habit and now have a rather decent IRA balance. You’re turning 73 or already 73 or older. Now Congress set up a simple rule to force you to ...

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

It's smart to read up on important retirement topics as you inch closer to not working for a living anymore. The more you know, the better decisions you'll likely make, and that can help you keep more ...

Using the modified tables should be generally straightforward for most account owners, although there are a couple of situations that may be trickier this year. One of those instances involves anyone ...