As many as 7% of retirees aren't taking required withdrawals from their accounts, a mistake that can be costly. Luckily, ...

What is the best time of year to take required minimum distributions from a traditional IRA? A recent study has some ...

But with a traditional IRA or 401 (k) plan, you get a tax break on the money that goes into your account. Your money also ...

The SECURE Act of 2019 and the SECURE Act 2.0 of 2022 all but fundamentally changed retirement account rules in ways that continue to catch both retirees and their beneficiaries by surprise. The ...

However, anyone who turned 73 in 2025 will soon have to take their first required minimum distributions (RMDs), if they haven ...

These accounts have required minimum distributions (RMDs) -- mandatory annual withdrawals you must make beginning in the year ...

Many retirees miss required minimum distributions each year, risking steep IRS penalties that Vanguard estimates could total up to $1.7 billion annually.

The older you are, the more you're required to withdraw. Will you be 73 years old (or older) at any point in 2025? And, do you have any non-Roth IRAs? If your answer to both questions was "yes," then ...

Traditional IRAs and 401(k) plans allow workers to save pre-tax dollars for retirement. Any contributions can be deducted from gross income, provided modified adjusted gross income does not exceed ...

Retirees should also evaluate when the best time is to take their RMDs. Reinvesting RMDs is often a smart move for retirees, but it isn't always the best approach. What's the most critical age for ...

For U.S. retirees, there used to be this iron-clad rule that you had to begin retirement account withdrawals at age 72. Under a new law passed last year called “SECURE 2.0”, the required minimum ...