The IRS alerts thousands of individuals that tomorrow marks the deadline for a crucial retirement procedure: the Required ...

As many as 7% of retirees aren't taking required withdrawals from their accounts, a mistake that can be costly. Luckily, ...

As the year draws to a close, retirees must remember to take their required minimum distributions (RMDs) from retirement ...

Required minimum distributions (RMDs) are the minimum amount you must withdraw from certain retirement accounts when you hit ...

The IRS uses required minimum distributions to ensure people take money out of their traditional retirement accounts as they get older. The agency has to collect tax revenue, but beyond that reason, ...

Most retirees who turned 73 last year must begin withdrawing their first required minimum distribution from their retirement plan by April 1, per Internal Revenue Service rules. In the following years ...

Proactively reviewing your health coverage, RMDs and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

As I turn 73 later this year, I’ve reached a significant, if dubious, milestone. I’m now subject to Required Minimum Distributions. It's worth taking a moment to celebrate reaching this point. Having ...

A financial advisor can offer valuable suggestions and map out an RMD plan. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you ...

Retirement accounts like the 401(k), 403(b), and traditional IRA are tax-deferred, meaning you get a tax break upfront (the ability to deduct contributions from your taxable income), but you must ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Combining annuities with IRAs or 401(k)s can be powerful. Annuities ...

Receiving $30,000 in annuity income can reduce your RMD if the annuity is in a traditional retirement account. It’s important to consider your risk tolerance and long-term goals before committing to ...