If you have a tax-deferred retirement savings account such as a 401(k), taking earlier or larger withdrawals than required ...

Required minimum distributions, or "RMDs," are a tax law that every retiree needs to understand. Specifically, under the RMD law you can't just leave your money in place indefinitely. You need to ...

Let’s say your father has hit 75 and he’s still plugging away at his desk job. Having just $31,000 saved for retirement, it’s ...

Learn when and how to withdraw funds to avoid any taxes and penalties What 50-Year-Olds Need To Know About Roth IRAs What 50-Year-Olds Need To Know About Roth IRAs What You Need to Know About Roth ...

If you fail to take your full RMD on time, you'll likely pay a steep price. The penalty for not taking them on time is 25% of ...

But you can't put off taxes forever. Eventually, the government wants its take. It also imposes required minimum ...