As U.S. retirees approach a certain age, they must begin withdrawing funds from retirement savings plans to avoid severe ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic ...

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

Here are IRA contribution limits, income limits and rollover rules for Roth, traditional, SIMPLE and SEP IRAs at a glance.

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

The IRS is warning some seniors that depending on what type of retirement account you have, you’ll have to begin withdrawing ...

ZURICH, March 26 (Reuters) - One of Switzerland's main political parties could soon propose capping UBS's (UBSG.S), opens new tab investment banking activities as part of a regulatory overhaul ...

The 401(k) millionaire class is growing: according to Fidelity, the number of its participant accounts with balances over $1 million blossomed to 537,000 in 2024, a year-over-year increase of 27%.

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**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 ...