The jockeying and the April 15 tax deadline are timely reminders that smart retirement planning involves taking advantage of ...

A common approach to retirement income relies on withdrawing money from taxable accounts first, followed by 401(k)s and IRAs, ...

Others invest the withdrawn funds in another tax-deferred or taxable account ... Let’s review a hypothetical example: George, age 65, has a $500,000 IRA and does not need to withdraw or spend ...

If you envision the ideal retirement plan, you will likely imagine an exclusively tax-free income, but for many Baby Boomers who have for decades saved money in tax-deferred accounts, the opposite ...

Others invest the withdrawn funds in another tax-deferred or taxable account ... passing a large tax burden to their children. For example, they could donate the IRA to a favorite charity at ...