Tue, January 6, 2026 at 1:37 PM UTC If you’re entering retirement, it's essential to understand how required minimum distributions, or RMDs, work. Tax-deferred accounts are subject to RMDs. That means ...

Understanding these RMD rules can help you avoid making costly mistakes.

RMDs kick in in the year you turn 73 years old. Roth 401(k) account owners are no longer subjected to RMDs. The penalty for missing an RMD has decreased significantly. The $23,760 Social Security ...

It's important to know what options you have.

Taking your RMD in January could give you peace of mind and helps you avoid the tax penalty for not taking RMDs as scheduled. It could also cause you to miss out on investment earnings you could have ...

Think you're a savvy retirement planner? Here’s what you may be forgetting.

Retiring early creates a rare tax window most people miss. Here’s how Roth conversions during the gap years can work in your ...

Plan for your future and learn about a Roth individual retirement account (IRA) and its contribution limits. Decide if it's ...

Traditional retirement savings plans come with RMDs. While they typically kick in at 73, you may not actually have to take one. You can use charitable donations to get out of RMDs -- if you do things ...

Secure 2.0 raised the RMD age to 73 for those born between 1951 and 1959. The penalty for missing an RMD dropped from 50% to 25% under Secure 2.0. Individuals ages 60 to 63 can now contribute up to ...