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

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A crucial aspect of these legislative changes is the impact on trusts named as beneficiaries of retirement accounts. This ...

It’s an unfortunate thing that many people enter retirement with little to no money in savings. But in this Reddit post, we ...

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

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

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

The IRS can require you to withdraw money from your savings each year or face steep tax penalties. These mandatory annual ...

The deadline for certain individuals to begin receiving required minimum distributions (RMDs) is fast approaching. That day is April 1 — but the IRS is not fooling.

Explore the tax benefits of reverse mortgages, including strategies for Roth conversions and delaying Social Security.

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