There are rules you have to follow to get out of paying taxes.

But there's a big drawback to housing your savings in a traditional retirement plan, as opposed to a Roth account. Not only ...

Retirees face a forced withdrawal problem many don’t understand until it hits their bank account. Required Minimum ...

Retirees with tax-deferred accounts need to know when to take required minimum distributions (RMDs) and how to calculate the ...

Missed IRA RMDs can cost clients thousands, Vanguard research shows. But financial advisors can help erase tax penalties and ...

Figure out the best timing for taking your mandatory distribution.

What makes RMDs so frustrating is that they force you to reverse decades of good financial habits. After an entire career of ...

Don't be late taking your RMD, because the penalty is surprisingly large.

In response to a call from a financial advisor in Virginia, the ERISA consultants at the Retirement Learning Center (RLC) address a question regarding 5% owners and required minimum distributions ...

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 ...

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 ...

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 ...