Money withdrawn from a tax-deferred retirement account is taxed as you begin to make withdrawals. Here are 3 ways to minimize ...

Once you reach a certain age, the government imposes required minimum distributions, or RMDs, on your accounts each year. You ...

As is the case with anyone nearing retirement age, thinking about minimizing taxes and reducing any future RMDs (Required ...

I am 70 and I have $1.4 million in traditional IRAs. Is it best to do $160,000 in Roth conversions for the next 1-3 years to reduce my high RMDs in about 5-10 years? That would put me in the 24% tax ...

Did you know that, in most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts ...

People with Roth IRAs generally have to wait five years before withdrawing earnings from their account. But the devil is in ...

This takes the form of required minimum distributions (RMDs). Required minimum distributions currently start at age 73 for many retirement accounts. It’s not uncommon to reach an age when the ...

The “problem” is that at least $3 million of that is in IRAs. I realize that when I need to start taking my RMDs, I will be pulling out more than $100,000 a year, which will significantly ...

Saving for retirement in an IRA or 401(k) could result in major tax savings. Not only do you get to exempt some income from ...

The deadline for taking required minimum distributions from retirement accounts is the end of the year, and some taxpayers wait until the very last minute to make their withdrawals. Sometimes ...

The ERISA consultants at the Retirement Learning Center (RLC) address whether it’s possible to aggregate RMDs from an annuitized IRA with RMDs from an IRA that isn’t annuitized to determine the total ...