Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Required minimum distributions from IRAs and 401(k)s can become a major ...

You might think retirement means freedom from financial rules. You've earned that money, right? It's sitting in your IRA or 401(k), growing nicely, and you'd rather leave it there to keep compounding.

Mandatory withdrawals are technically called required minimum distributions. When must I take them? If you were born before 1951, you’ve probably already begun taking required minimum distributions.

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...