Don't assume you'll have to take mandatory withdrawals from your savings.

This article discusses what your RMDs might be if you have $500,000 tucked away in your retirement accounts. I'll also ...

The IRS charges an excess accumulation penalty if a retirement account owner or beneficiary does not withdraw the required minimum distribution (RMD) for the year.

Receiving $30,000 in annuity income can reduce your RMD if the annuity is in a traditional retirement account. It’s important to consider your risk tolerance and long-term goals before committing to ...

Want to avoid a huge tax burden in retirement? This expert reveals what pre-retirees can do to minimize taxes in their golden ...

A new Fidelity analysis reveals that 401(k) balances have grown more than 11%—here's the biggest contributor to the boost in ...

Smart retirement rollovers can lower taxes, boost growth and protect savings. These three strategic moves could help maximize your retirement income long term.

A $1.6M employer retirement account initially appeared to mandate $800K conversion to an annuity for beneficiaries. QPSA annuity provisions apply to Money Purchase Plans but not 401(k) accounts ...

About 50 million workers lack access to employer-sponsored retirement plans, a hurdle to setting aside money for old age.

Among Americans who have at least one retirement account, the typical household has roughly one year of its current annual income saved in these accounts, or about $82,000 per hou ...