Agency: "Internal Revenue Service (IRS), Treasury." SUMMARY: This document sets forth final regulations providing guidance relating to the life expectancy and distribution period tables that are used ...

As the year draws to a close, retirees should review how required minimum distributions (RMDs) are calculated.

When you reach a certain age, you'll likely be required to withdraw a certain percentage of your savings from your retirement ...

In general, anyone with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) beginning at age 73. RMDs are calculated by dividing the retirement account ...

At 73, you’ve reached a significant milestone, which is a result of a lifetime of hard work, planning, and perseverance. Congratulations! However, this particular birthday also comes with an essential ...

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 your ...

The biggest advantage of saving for retirement in a 401(k) or traditional IRA is the tax break: Taxes on the funds you contribute to those accounts are deferred until you withdraw them in retirement.

Retirement accounts like a 401(k) or IRA come with some big advantages. Perhaps the most attractive benefit of these accounts is you can defer your taxes until retirement. Doing so could give you more ...