Retirement is expensive enough without donating 25% of your savings to the IRS in penalties. If you’re over 73, check your ...

If you're retired, you likely know about required minimum distributions (RMDs), the minimum amounts you must withdraw from ...

These accounts have required minimum distributions (RMDs) -- mandatory annual withdrawals you must make beginning in the year you turn 73. While you technically have until Dec. 31 to take RMDs for the ...

By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...

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. 16 and Dec. 31, 2027? What percentage of his retirement assets should he ...

Active-duty and federal employee veterans have until Dec. 31 to contribute to their Thrift Savings Plan for 2025. The annual limit is $23,500, with an extra $7,500 catch-up for those 50 and older; or ...

Converting retirement funds to a Roth is a smart strategy for many, but the older you are, the less time you have to recover ...

For some people, RMDs aren't an issue—in fact, they need to withdraw more than the minimum anyways. But other people might ...

Have an issue with your financial planner or looking for a new one? Email questions or concerns to [email protected].

I’m turning 68 shortly and plan to wait to claim my Social Security at age 70 to maximize the monthly benefit. I also plan to retire at the end of the year, if not sooner (so in three months or less).

Here's the required minimum distribution on $500,000 worth of retirement savings that's subject to RMD rules.

However, anyone who turned 73 in 2025 will soon have to take their first required minimum distributions (RMDs), if they haven ...