Dear Liz: I’m confused about required minimum distributions from my retirement accounts. I’d like to avoid taxes on my withdrawals, but it seems there is no way to avoid them. Please give me some ...

A recent post at American IRA has the answers. ASHEVILLE, NC, US, January 11, 2024 / EINPresswire.com / -- Noting that there are plenty of legitimate ways to avoid the taxes that can come with poor ...

The primary factor in a Roth IRA conversion decision is the difference between the tax rate at conversion and the future tax ...

If you have money in tax-advantaged retirement accounts, you will be required to start taking required minimum distributions (RMDs) in the year you turn 73 if you were born between 1951 and 1959. This ...

I’m in my mid-70s, have no debt and have managed as a single person to amass about $1 million in traditional IRA savings, plus some non-retirement account investments. I also inherited a traditional ...

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

Think fast! What does RMD stand for? If you’re 73 or older, you probably know instantly that it means Required Minimum Distribution, the amount the IRS requires you to withdraw from your IRA annually.

You loved the tax break you got when you made retirement account contributions. But now that you're old enough for required minimum distributions (RMDs), you might wish you had gotten the taxes out of ...