As the end of the year approaches, retirees need to take stock of their required minimum distributions—or face the IRS.
The popular 4% rule promises to make your savings last throughout your golden years. But it’s not a perfect rule — and it ...
Using an IRA calculator helps you identify the best contribution strategy to maximize your retirement savings, especially if you don’t have access to a 401 (k). If you’re part of a defined benefit ...
Retirement funds: The trend of Financial Independence/Retiring Early (FI/RE) is growing in popularity nationwide. This ...
New retirees might enter a different environment than their predecessors — the economy or market might have changed slightly or dramatically. Morningstar researchers have investigated and identified ...
However, if this isn't your first RMD, you must take that distribution by Dec. 31. If you don't, you could risk a 25% penalty on the sum you were supposed to withdraw (though the IRS may reduce it to ...