One thing that makes most types of specialized retirement accounts so attractive is that investors don't have to pay taxes on the money they contribute to them until they begin making withdrawals.

But keep in mind that you can't keep all that money in there forever. The IRS requires you to begin withdrawing money from ...

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age.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

The QCD limit is subject to an inflation adjustment, so the amount will likely rise annually. This year, the higher amount ...

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

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

Required minimum distributions (RMDs) on tax-deferred retirement accounts start at age 73 for individuals born between 1951 and 1959. The Secure 2.0 Act eliminated RMDs on Roth 401(k) plans and Roth ...

Question: I am retired and turning 73 in 2025. My brokerage company just informed me by letter that I am required to take a distribution from my traditional IRA account. I do not need the money and do ...

At 73, you’ve reached a significant milestone, which is a result of a lifetime of hard work, planning, and perseverance. Congratulations! However, this particular birthday also comes with an essential ...

Once you turn 73, the IRS requires you to take taxable withdrawals from ordinary (non-Roth) IRAs. While these distributions are taxable, they’re also opportunities to restructure your portfolio or ...