If you're 73 or older, you are required to start taking withdrawals from your tax-deferred retirement accounts, such as traditional IRAs and 401(k)s. These withdrawals are known as required minimum ...

Receiving $30,000 in annuity income can reduce your RMD if the annuity is in a traditional retirement account. It’s important to consider your risk tolerance and long-term goals before committing to ...

As you approach retirement, it’s important to consider how required minimum distributions (RMDs) from your IRA or 401(k) could impact your taxes. These withdrawals are intended for you to draw down ...