A new year raises an old, perennial question about how retirees should optimize the use of their retirement savings.

If you play your cards right, you can avoid an unwanted tax bill. When I first started working full-time and was able to make ...

But there's a big drawback to saving for retirement in a traditional IRA or 401 (k). These accounts force you to take ...

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

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age.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

If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...

As a general rule, you'll need to take a required minimum distribution by the end of each calendar year after you turn 73.

Many Americans risk sending their 401(k) and IRA savings to the wrong heirs. Outdated beneficiary forms override wills and ...

TOPEKA, Kan. (WIBW) - This is the time of year when people a certain age must take money out of certain retirement accounts. The Required Minimum Distributions are a requirement, but you do have some ...

Retirees with an IRA, 401 (k), or other type of account likely know that the IRS has had a Required Minimum Distribution (RMD ...

There's a new rule coming to 401(k) catch-up contributions this year that affects higher earners. And it may also have an ...

Missing an RMD deadline can result in a 25% penalty on the amount not withdrawn. Double-checking your RMD calculations can help prevent a penalty. You're free to withdraw more than your RMD, but ...