Money withdrawn from a tax-deferred retirement account is taxed as you begin to make withdrawals. Here are 3 ways to minimize ...

Did you know that, in most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts ...

The ERISA consultants at the Retirement Learning Center (RLC) address whether it’s possible to aggregate RMDs from an annuitized IRA with RMDs from an IRA that isn’t annuitized to determine the total ...

Using an in-kind distribution allows you to stay invested in your preferred securities, ensuring you don't miss any big days ...

Combining annuities with IRAs or 401(k)s can be powerful. But people often don’t even consider the combination because of ...

As you approach retirement, it’s important to consider how required minimum distributions (RMDs) from your IRA or 401(k) ...

Here is my question, which uses hypothetical values for simplicity: My RMD for 2024 is $10,000. Can I avoid paying the IRS the tax on that $10,000 this year by investing the full $10,000 RMD or the ...

As is the case with anyone nearing retirement age, thinking about minimizing taxes and reducing any future RMDs (Required ...

The federal government imposes required minimum distributions on most tax-deferred retirement accounts once you reach a certain age. You can reinvest the amount you're required to take out from ...

Unfortunately you cannot. Although a qualified longevity annuity contract (QLAC) can indeed help you reduce the size of your RMDs, you wouldn't be able to use it exactly the way you've described.

Although you have nearly a full year left to make your yearly withdrawal, it's never too soon to start planning for it.