Required minimum distributions (RMDs) are a way for the IRS to ensure it receives some money after allowing you to deduct ...

A new report reveals that over one-third of U.S. workers have borrowed from their retirement savings, prompting warnings from ...

You may not have to take a required minimum distribution (RMD) if you're under 73, or if the account meets certain criteria.

A 401 (k) loan permits you to withdraw up to 50% of your vested account balance or $50,000, whichever is less. If your vested ...

There are pros and cons to withdrawing from your 401K in a pinch. Learn more about the pros and cons, penalties, and rules in this.

Think in percentages, not dollars. Traditional financial advice recommends replacing 75% of your final after-tax salary as a ...

Some of the expenses you face during your working years might shrink once you retire. Take transportation. If you're not ...

IRS rule changes will require some older workers to make 401(k) catch-up contributions with after-tax dollars.

With a traditional retirement plan, you'll not only pay taxes on gains eventually, but you'll also be forced to take required ...

As President-elect Donald Trump prepares to take office in 2025, his proposed policies could reshape retirement savings by ...

Some workers don’t have access to an employer-provided retirement plan, and 401 (k) quality can be uneven. High ...

Answer: If you got a deduction for contributing this money, and you want to keep the funds you’re required to withdraw, then yes, you have to pay taxes on these distributions.