I am 71 years old and, thus, on the horizon of facing required minimum distributions from my traditional IRA accounts. My ...

If you have money in retirement accounts, you may have to start taking required minimum distributions, or RMDs, when you turn ...

If you're charitably inclined, using a qualified charitable distribution, or QCD, is a great way to reduce your RMD. Instead ...

Retirees of a certain age with 401ks, IRAs and other workplace retirement funds must take required minimum distributions or ...

Connect with a fiduciary advisor today. For example, say you’re 70 years old and your required minimum distributions (RMDs) will start in three years. You’d like to avoid RMDs by converting ...

However, the IRS is reminding retirees who take their first distribution April 1 that they must also take their second RMD ...

When should you use a Roth IRA to manage your taxes? As you hit your 60s, it's common to shift retirement planning from ...

Once you reach the age of 73, you’re legally required to take your Required Minimum Distributions (RMDs). That way the government can collect taxes on your money. If you’re already above 73 or ...

More specifically, RMDs are the minimum amounts that must come out of given retirement plan accounts each year once the account holder reaches a certain age. RMDs, calculated based on a formula ...

The federal government encourages Americans to save for retirement in various ways. Tools like an IRA or 401(k) allow savers ...

There’s a reason workers are often encouraged to house their retirement savings in a Roth IRA or 401(k). Not only do Roth accounts offer the benefit of tax-free investment gains and tax-free ...

Even if you don’t need to take money out of your carefully funded retirement accounts, the feds insist that once you turn 72, you start taking required minimum distributions (RMDs). Every dollar ...