The SECURE acts introduced several major changes to RMDs over the last few years. The changes impact both retirees and those who inherited an IRA within the last five years. Knowing the rules could ...

Dealing with the death of a loved one is hard enough. Having to navigate the complexities of inherited retirement accounts can add to that stress. But understanding your options can help you avoid a ...

But keep in mind that you can't keep all that money in there forever. The IRS requires you to begin withdrawing money from these accounts -- and pay taxes on those withdrawals -- once you turn 73.

When the IRS first put out Publication 590-B in 2021 for the 2020 tax year, it offered an example that implied someone (a non ...

Taking your first RMD late could leave you with a lot of extra taxable income for the year, potentially moving you into a higher tax bracket. Taking it early can help you just get it over with. You ...

The SECURE Act of 2019 and the SECURE Act 2.0 of 2022 all but fundamentally changed retirement account rules in ways that continue to catch both retirees and their beneficiaries by surprise. The ...

Missing an RMD deadline can result in a 25% penalty on the amount not withdrawn. Double-checking your RMD calculations can help prevent a penalty. You're free to withdraw more than your RMD, but ...

Asset location—meaning, which account investors use to house their assets—is important to consider alongside asset selection.

Follow these tips to help clients draw down their retirement funds in a tax-efficient manner and avoid common mistakes.

High yield vs. dividend growth: learn why post-cut buys can lock double-digit yields, capture earnings recovery, and boost ...