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

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 ...

Retirement planning is full of twists and turns, yet few things cause as much confusion as required minimum distributions.

Turning 65 used to mean a hard stop at work and a simple rule of thumb for tapping savings. Today, retirements stretch longer ...

Anyone facing required minimum withdrawals from retirement accounts should note there's been a change to calculating those amounts. Starting this year, new IRS life expectancy tables — which are used ...

During challenging financial times, people often consider withdrawing money from their 401(k) plans. Balances in 401(k) plans are deceiving. They are not like checking accounts where what you see is ...

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

In the current volatile economy, it may not be surprising if clients want to raid their retirement savings before age 59½. It’s never a good idea, experts say, but if it’s absolutely necessary, there ...

These accounts force you to take required minimum distributions (RMDs) once you reach a certain age. That age is 73, or 75 if ...