Fortunately, there are many exceptions to the 10% penalty on early retirement distributions. Some apply to both IRAs and 401 ...

Retirement taxes are often more complex than expected. Learn how RMDs, Social Security taxation, and recent OBBBA changes may ...

If you’ve been saving for retirement, you’ve probably wondered: when can I actually take money out of my 401(k) without paying penalties? The IRS has very specific 401(k) withdrawal rules, and ...

The IRS alerts thousands of individuals that tomorrow marks the deadline for a crucial retirement procedure: the Required ...

Among Vanguard clients with traditional IRA accounts, nearly 7% of those for whom RMDs are required failed to take any withdrawal from their Vanguard account in 2024. Another 24%, meanwhile, took a ...

Once retirees turn 73, they must take required minimum distributions, or RMDs, from their retirement savings accounts. If ...

Retirees are about to see one of the most significant federal tax changes in years: a new extra deduction that can cut ...

Proactively reviewing your health coverage, RMDs and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

Some states don't tax residents on 401(k) withdrawals, which can help retirees improve their monthly cash flow and make their ...