How to Take Required Minimum Distributions

The way the government does that is by mandating people take what are known as required minimum distributions, also called ...

Why a 62-Year-Old Engineer With $1.4 Million Is Tapping His 401(k) Before Social Security Despite the ‘Wait Until 70’ Advice

Financial planning data shows that an early retiree with this exact asset mix sits in an incredibly strong position to ...
24/7 Wall St.

Most Retirees Are Making This 401(k) Mistake: Draining Taxable Accounts First

On a recent episode of Thoughtful Money with Adam Taggart, financial planner Julia Lembcke described what she sees across ...

A 75 Year Old With $3 Million in a 401(k) Discovers Three Years of RMDs Will Cost Her $42,000 in Medicare Surcharges Alone

Margaret turned 75 last fall, sits on a $3 million traditional 401(k), and is two years into required minimum distributions.

Is Taking Your RMD in May a Smart Move? Here's What the Math Says.

It's easy to worry more about the matter than is merited, especially if you're just going to leave this money invested in the market anyway.
24/7 Wall St.

A 73 Year Old With $1.5 Million in a 401(k) Discovers RMDs Will Trigger a $280,000 Cumulative Tax Bill

RMD divisor shrinks yearly: at 73 earns $56,604, yet 17-year cumulative RMDs approach $1.4 million taxed at 20% federal rate.
Investopedia

401(k) Withdrawal Rules: How to Avoid Penalties

Qualified distributions are allowed at age 59½, but an exception may allow you to make a penalty-free withdrawal Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net ...