Calculating your Required Minimum Distribution is a straightforward process once you have the information you need from the IRS.

Navigating the complexities of Required Minimum Distributions (RMDs) is crucial for IRA account holders aged 73 and above.

Tax-deferred accounts such as traditional IRAs and 401(k) plans allow workers to delay paying taxes on qualified contributions. But the government must eventually get its due. Upon reaching a certain ...

If you're making good use of tax-advantaged retirement accounts such as IRAs and 401(k)s, good for you! They can be powerful helpers as you save and invest for retirement. You need to be aware, though ...

One of the biggest advantages of investing in retirement accounts is the tax advantages. Contributions to an IRA or 401(k) are tax-deductible the year you make them. On top of that, any dividends or ...

Once you reach the age of 73, the IRS requires you to make minimum annual distributions from non-Roth retirement accounts. You must calculate your own RMD based on the value of your ordinary IRAs as ...

The IRS eventually comes looking for the tax revenue it didn't get to collect earlier on the money invested within IRAs and other tax-deferred accounts. Just because you withdraw money from a ...

Using retirement accounts is one of the best ways to save for your retirement. Not only are you proactively saving for retirement, but you're also getting a tax break for doing it. Accounts like 401(k ...

In a recent monthly column, Ed Slott reviewed the options of a young widow who is the beneficiary of an IRA. Following is a summary of the two main options available to a widow in this position.

Retirement accounts like the 401(k), 403(b), and traditional IRA are tax-deferred, meaning you get a tax break upfront (the ability to deduct contributions from your taxable income), but you must ...