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

But there's a big drawback to saving for retirement in a traditional IRA or 401 (k). These accounts force you to take required minimum distributions (RMDs) once you reach a certain age. That age is 73 ...

Did you know that, in most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts each year once you reach age 73? IRS rules require that you take withdrawals ...

If your RMD exceeds your needs, it can feel more like a burden than a benefit of saving for retirement. Retirees can take advantage of temporarily lower asset prices by taking their RMD right now. The ...

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

One of the biggest advantages of retirement accounts like the IRA and 401(k) is the ability to avoid paying taxes. Instead of paying taxes upfront, you can defer those taxes until retirement.

The required beginning date (RBD) for the first year you are required to take a lifetime distribution is no later than April 1 of the next year. After your first distribution, annual distributions ...

There is no best time to take a required minimum distribution (RMD), but delaying until December can maximize tax-deferred growth and potentially eliminate the need for quarterly estimated payments.

TOPEKA, Kan. (WIBW) - Many people wait until year’s end to take required minimum distributions from their IRAs, often because they don’t need the funds and dread the tax impact. One options allows ...

The deadline for completing IRS-required withdrawals from certain IRAs is fast-approaching. For retirement account owners who plan on selling an asset to free up cash to complete this required ...