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

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

Nearly seven percent of retirees fail to take their required minimum distributions from retirement accounts each year, a ...

There's a new rule coming to 401(k) catch-up contributions this year that affects higher earners. And it may also have an ...

Early withdrawals can shrink your 401(k) savings. See how to calculate the IRS 10% penalty, and learn about exceptions, SECURE 2.0 updates, and penalty‑free alternatives.

If you’re entering retirement, it’s essential to understand how required minimum distributions, or RMDs, work. Tax-deferred ...

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

Dear Liz: I have $160,000 in a 403 (b) retirement plan and I’m 70. I know I have to start taking required minimum ...

If you play your cards right, you can avoid an unwanted tax bill. When I first started working full-time and was able to make ...

A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and ...