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

A new year raises an old, perennial question about how retirees should optimize the use of their retirement savings.

Contributing to a 401(k) or IRA is one of the best ways to save for retirement. The government will give you a tax deduction equal to your contribution every year you add money to one of those ...

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

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Required minimum distributions from IRAs and 401(k)s can become a major ...

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

Once you hit required minimum distributions age (73), how much control do you have over the timing, amount, and source of your distributions? Let’s examine each of the levers. Retirees exert some ...

Required minimum distributions (RMDs) kick in the year a person turns 73. To calculate your RMD, you must know your account value at the end of the previous year and your "life expectancy factor." ...

At 73, you’ve reached a significant milestone, which is a result of a lifetime of hard work, planning, and perseverance. Congratulations! However, this particular birthday also comes with an essential ...

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age. These mandatory ...