If you want to become wealthy, an essential habit you should create is regularly investing a portion of your income in a tax-advantaged retirement account. You may have an excellent option at work, ...

Required minimum distributions (RMDs) begin the year someone turns 73 years old. RMDs are based on your age and account value ...

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 ...

Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age. These mandatory ...

RMDs can seem confusing at first, but the calculation is pretty simple. You probably think of the money in your retirement accounts as yours, but if you have traditional IRAs or 401(k)s, it's not that ...

A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and ...

Employer-sponsored 401(k) plans help millions of savers sock away money for retirement each year. The primary benefit of these plans is the tax savings they offer. Not only are contributions made with ...

Workers should know about these six 401(k) tax rules that can affect how much they'll pay in taxes both now and in retirement ...

If you play your cards right, you can avoid an unwanted tax bill. When I first started working full-time and was able to make retirement plan contributions, I was admittedly torn between a traditional ...