He insists it’s better to use our regular assets to live on and let the IRA monies grow as long as possible. I’d rather save ...

Rules on inherited IRAs have tightened, and most non-spouse beneficiaries must empty the pot in 10 years or face stiff penalties. That calls for an action plan.

Americans hold an estimated $18 trillion in IRAs and $13 trillion in defined contribution plans, and some of these funds will ultimately pass to the account owner’s designated beneficiaries upon death ...

If you inherit a tax-deferred retirement account, like an IRA or a 401(k), you’ll pay income taxes on the money when you withdraw it. Those withdrawals are subject to your marginal tax rate, not the ...

Your 401(k) doesn’t just disappear when you die. Here’s how it’s transferred, who gets it, the tax impact, and why beneficiary updates matter more than you think.

RMDs are mandatory withdrawals from pretax retirement accounts. Find out how RMDs work and when you'll need to start taking them.

Learn how the fixed amortization method lets retirees access funds penalty-free before age 59½ by distributing balances based on IRS life expectancy tables.

A distribution from your traditional IRA could cost you if you’re not aware of your responsibilities. Why it matters: Many investors are saving up for their retirement in workplace accounts like 401(k ...

"My brother and I recently inherited our father’s IRA when he passed away late last year and would like to know what we need ...

Dear Savvy Senior, What are the rules regarding inherited IRAs? My brother and I recently inherited our father’s IRA when he passed away late last year and would like to know what we need to do to ...

New IRS rules for inherited IRAs became effective last year. Pay attention to avoid a 25% penalty and a "tax bomb".