“If you use a traditional IRA to purchase a QLAC, that amount is excluded from your RMD calculation. When the annuity ...

You've probably got a lot on your end-of-year to-do list -- holiday shopping, meal prep, maybe a trip to plan. You may have ...

Converting retirement funds from a 401(k) into a Roth IRA offers the opportunity for tax-free growth and tax-free withdrawals ...

RMDs, or required minimum distributions, are withdrawals you're forced to take each year if you don't want to get hit with a big penalty. The reason behind RMDs is to ensure that IRA or 401 (k) ...

My husband will turn 73 on Nov. 16, 2027. How much of an RMD does he have to withdraw in 2027 and should he do it between Nov ...

It does this by forcing you to take required minimum distributions (RMDs). These are mandatory annual retirement account ...

John Paul D. Dziuba II of CSG Law. Courtesy photo Almost four years after the SECURE Act went into effect, plan administrators, tax practitioners, and certain inherited IRA beneficiaries finally have ...

The IRS imposes required minimum withdrawals for traditional retirement accounts once you reach a certain age. While the goalposts have moved a bit, anyone who was born in 1960 or later doesn't have ...

Mandatory withdrawals are technically called required minimum distributions, or RMDs. When must I take RMDs? If you were born before 1951, you’ve probably already begun taking RMDs. If you were born ...

Whether you look forward to required minimum distributions (RMDs) because the money helps cover bills or resent them because you'd rather let the money grow, they're a way of life. If you're currently ...

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 ...

Those aged 73 and older must take their required minimum distribution from defined contribution plans and IRAs. The IRS on Tuesday issued a reminder to those aged at least 73 to take their required ...