Internal Revenue Service. "401(k) Resource Guide - Plan Participants - General Distribution Rules." Internal Revenue Service. "Traditional and Roth IRAs." U.S. Department of Labor. "FAQs About ...

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

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

Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings.

Most Employee Stock Ownership Plans (ESOP) participants transfer their company stock to a traditional IRA starting around age ...

**Surviving Spouse as Default Beneficiary**: If you are married and do not name a beneficiary, your spouse automatically becomes the beneficiary of the HSA by default. In this case, the HSA continues ...

Each January, your mailbox and email are likely filled with tax forms. You'll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance ...

In 2019, as part of the SECURE Act, some people are required to withdraw the entirety of an account within 10 years of the death of the account owner. The ...

Millions of Americans take billions of dollars in early distributions each year. Early distributions—those taken before age ...

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

While CRTs might introduce complexity into the estate and tax planning, under certain circumstances and with thoughtful ...

There's still every reason to make the most of every dollar at this later stage of life, and you've got plenty of ways to continue doing so.