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The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.

Here's how the Internal Revenue Service itself defines RMDs: "Required minimum distributions (RMDs) are the minimum amounts ...

A little confusion over something that's seemingly simple can end up taking a costly toll when not handled properly.

Retirement typically means shifting your focus from diligently saving your money over the course of years and decades to ...

The only option open to taxpayers at all income levels is a traditional nondeductible IRA, but this subjects investors to two ...

There’s an inherited IRA rule change for 2025 that could trigger a 25% tax penalty for certain heirs. Here’s what investors ...

Socking away money for retirement is something that’s top of mind for many people. Here's what to know about traditional and Roth IRAs.

A backdoor Roth IRA is fairly straightforward. If you make too much to contribute directly to a Roth IRA, you contribute to a ...

The rules regarding RMDs change now and then. Here's a recap of recent changes. It used to be that traditional IRAs and traditional 401(k)s -- and also Roth 401(k)s-- were subject to RMDs.