required minimum distributions (RMDs)
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How to Defuse a Retirement Tax Bomb, Starting With 1 Simple Move
required minimum distributions (RMDs) There’s an easy and effective way savers can minimize the damage of a retirement tax bomb. It all starts with making one simple shift in your retirement savings contributions.
By David McClellan Last updated
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Using Asset Location to Defuse a Retirement Tax Bomb
required minimum distributions (RMDs) Investors can set themselves up for lower tax bills in retirement using a strategy few folks are familiar with: asset location. The idea behind it is simple, but implementing it can be a bit tricky.
By David McClellan Last updated
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Defusing the Retirement “Tax Bomb” with David McClellan
Tax Breaks If you’ve dutifully socked away money in a 401(k) or IRA for years, you could be in for an unpleasant shock when it comes time to take money out of those accounts. Also, the IRS is sending out a surprise round of checks.
By David Muhlbaum Published
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Will Your Kids Inherit a Tax Bomb from You?
required minimum distributions (RMDs) You’ve carefully saved a lot in tax-deferred retirement accounts, and you hope to pass much of that wealth to your loved ones. Unfortunately, your legacy for your heirs will also include a massive tax bill.
By David McClellan Published
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Don't Make These Common IRA Mistakes
IRAs IRA expert Ed Slott walks us through common IRA mistakes and missed opportunities that you can avoid.
By Rocky Mengle Published
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2 Alternatives to Required Minimum Distributions
required minimum distributions (RMDs) Retirees can save money and stress with these two simple alternatives to RMDs.
By Joe F. Schmitz Jr., CFP®, ChFC® Published
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A Simple RMD Mistake That Can Cost Retirees Thousands
required minimum distributions (RMDs) Do you know exactly what your required minimum distribution should be? Did you take more than you had to last year? If you need extra cash, there could be a better place to get it.
By Mike Piershale, ChFC Published
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Should You Take an Extra Big RMD This Year?
required minimum distributions (RMDs) Sometimes only taking the minimum IRA distribution can be a costly mistake. When deciding how much to withdraw this year, you need to consider the big picture. For some people, it makes sense to go big.
By Mike Palmer, CFP Published
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An RMD Deadline is Looming – And Missing It Could Cost You Big Bucks
required minimum distributions (RMDs) If you're age 72 or older, take your required minimum distribution now to avoid a big penalty or a double-dip next year.
By Rocky Mengle Published
required minimum distributions (RMDs)