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 ...

If you have a Roth 401 (k), you can start ignoring that rule in 2024, when those accounts will no longer be subject to RMDs. (There's an exception for RMDs required before 2024 that don't need to ...

As Mater’s death was pre-2020, Junior will just keep withdrawing RMDs based on his single life expectancy, reduced by one each year, until the account is reduced to zero, as if Secure had never ...

1) In a few years I will have to take required minimum distributions (RMDs) from my traditional IRA (currently my only ...

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

Most people use the IRS Uniform Lifetime Table to calculate their RMDs, but if your sole beneficiary is a spouse who is more than 10 years younger than you are, you may use the Joint Life and Last ...

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