But there's a big drawback to saving for retirement in a traditional IRA or 401 (k). These accounts force you to take ...

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

Missing required minimum distributions can lead to large tax penalties.

Required minimum distributions (RMDs) on pre-tax retirement accounts start at age 73 for account holders born between 1951 ...

Required minimum distributions (RMDs) are the minimum amount you must withdraw from certain retirement accounts when you hit ...

As many as 7% of retirees aren't taking required withdrawals from their accounts, a mistake that can be costly. Luckily, ...

Saving for retirement in a traditional IRA or 401(k) can make more sense than socking money away in a Roth account. That’s ...

The IRS uses required minimum distributions to ensure people take money out of their traditional retirement accounts as they get older. The agency has to collect tax revenue, but beyond that reason, ...

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 ...

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

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 ...