Jonathan Ponciano is a financial journalist with nearly a decade of experience covering markets, technology, and entrepreneurship. Vikki Velasquez is a researcher and writer who has managed ...

Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of ...

The deadline for certain individuals to begin receiving required minimum distributions (RMDs) is fast approaching. That day is April 1 — but the IRS is not fooling.

However, the IRS is reminding retirees who take their first distribution April 1 that they must also take their second RMD ...

According to the IRS, “The RMD rules apply to all employer-sponsored retirement plans, including profit-sharing plans, 401 (k) plans, 403 (b) plans, and 457 (b) plans.

When it comes to retirement savings, high earners face unique challenges and opportunities. Deciding between pre-tax traditional IRAs/401(k)s and post-tax Roth IRAs/401(k)s is not a one-size-fits ...