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

Your 401(k) or IRA could hide a tax time bomb. Withdrawals in retirement are taxed. RMDs at age 73 can spike income. Future ...

A required minimum distribution is money that must be taken out of a retirement savings plan. More specifically, RMDs are the ...

Calculating your RMD only requires two numbers. You'll need your retirement account balance as of Dec. 31, 2024. Check with ...

You can calculate yours by dividing your retirement account balance as of Dec. 31, 2024, by the distribution period next to ...

I’ve received letters from the thrift savings plan (TSP) and from my IRA holder that I am subject to RMDs this year. I’ve ...

A Republican senator has a new idea to end the shutdown. It’s bad. Canada’s Economy Starts to Buckle Under Trump’s Tariffs ...

Time flies— and never so quickly as we approach the annual deadline for taking required minimum distributions from ...

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

Since withdrawals from their Roth IRAs are off the table for now, the couple must choose how much to take from the remaining accounts. They decide to withdraw 60% from their 401 (k)s ($24,000) and 40% ...

Recently, I’ve wondered if it makes sense to transfer the inherited IRA to a non-retirement account, take the tax and ...

Many, but not all, retirement accounts require you to start taking money out when you turn 73. A good brokerage will likely automate the process for you. With IRA RMDs, you can mix and match a little.