Worried about taxes on huge RMDs? Consider this alternative to Roth conversions.

I plan to convert $100,000 a year to a Roth. I’m 59 and worried about Social Security and RMDs.

From planning your withdrawal strategy ahead of time to utilizing a nontaxable qualified charitable distribution, these ...

Fortunately, the Secure Act 2.0 softened the rules a bit. As of 2024, the penalty is reduced to 25% of the RMD. If you can ...

Once you reach age 73, you're required to begin withdrawing funds from tax-deferred accounts like a 401 (k), 403 (b), and ...

Key Points Automating RMDs may be convenient, but it's not for everyone. If your financial situation is complex and your portfolio is stuffed full of different investment types, you may feel more ...

Once you stop working, however, RMDs are required. Be careful: The punishment for failing to take an RMD during the required time period is a hefty one – up to 50% of the missed RMD amount.

Social Security was the most common source of retirement income last year. But 81% of retirees had one or more types of ...

Required to take a 2025 required minimum distribution, but don’t need the funds? Consider taking it now and stashing it in a ...

1) In a few years I will have to take required minimum distributions (RMDs) from my traditional IRA (currently my only retirement account). I plan to work until age 80 or so. Will I be able to ...

As Christine Moriarty wrote in her Next Avenue article on year-end tax moves, the SECURE Act bumped the age to begin taking RMDs from 70½ to 72 starting in 2020. SECURE 2.0 pushed back the ...