What's the minimum? It depends on your age and the total market value of your retirement accounts as of the end of calendar 2024. Here's the required minimum distribution on $50,000 worth of ...

Your spouse’s employer plan may force you into withdrawals sooner than you think. Here’s what you need to know.

There are also rules limiting your IRA withdrawals. Typically, you'll pay a 10% early withdrawal penalty if you take money ...

Life often reflects fiction. According to MIT’s Age Lab, retirement evokes conflicting feelings, including excitement about ...

Taking a withdrawal from a 401 (k) before age 59 and 1/2 typically results in a 10% penalty. If you leave your job at 55 or later, you may be able to take earlier 401 (k) withdrawals penalty-free.

Once you hit 73, it’s time to start withdrawing money from your tax-deferred retirement accounts, whether it’s a 401(k), IRA, ...

Fewer retirees can rely on pensions, so more people have to find retirement income elsewhere and navigate issues like ...

After decades of squirreling away money for retirement, there comes a time when retirees must start withdrawing money from their accounts. Drawing down 401(k), IRA and other assets earmarked for ...

The majority of workers don’t contribute the annual maximum amount to their retirement savings plans, a Vanguard study shows. Learn how contributing the maximum can provide significant benefits for ...

Rolling your 401 (k) into an annuity might sound like a safe, conservative move, but it can be risky if you don’t think it ...

Retiring early can take some planning but it's not impossible. Find out what steps you can take to get there and some things ...