Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn. Prior ...

Take our RMD quiz to test your retirement tax knowledge. Learn about RMD rules, IRS deadlines, and tax penalties that could ...

If you're 73 or older, there's a good chance the IRS is expecting you to take a required minimum distribution (RMD) this year ...

A required minimum distribution (RMD) is the government's way of ensuring you'll pay taxes on money you once contributed to a ...

The tax savings opportunities for IRA plans and 401K plans are well known. Not only does the taxpayer receive a deduction for the retirement contribution from their taxable income, but the retirement ...

Learn about qualified distributions from retirement accounts, IRS rules, tax implications, and how to maximize your tax benefits while avoiding penalties.

Most retirees tap their accounts in the wrong order, draining savings faster and triggering unnecessary taxes. This 5-step ...

A retirement plan distribution occurs when you withdraw money from the plan. There are several different types of distributions, including early distributions, rollover distributions and Required ...

After contributing money to your retirement plan for several years, you will eventually have to take out some of that money. These distributions can go toward living expenses, a new home or any other ...

Saving money for retirement is only part of ensuring a financially secure future. The other half involves making smart decisions about withdrawing that cash. “There is no easy straightforward answer,” ...

Update to our plan for retirement with diverse and changing income sources. Summary of results and observations for the first three years. Key retirement considerations discussion - what we've learned ...