I have $1 million in my IRA. Once I reach 73 years of age what are the withdrawal requirements? I retired five years ago with ...

A required minimum distribution (RMD) is the minimum amount of money you must withdraw from your retirement plans annually ...

But if you’re looking for a legal way to delay some of those RMD headaches, a qualified longevity annuity contract, or QLAC, ...

Generally, RMDs must be completed before the end of the calendar year. The only exception is that someone taking his or her first RMD can delay until April 1 of the subsequent year. Those guidelines ...

There is a two-step process under the SECURE 2.0 Act for increasing the age at which RMDs become necessary. Step 1: Beginning ...

Once you reach a certain age, you are required to start withdrawing money from certain retirement accounts. This is known as ...

Your RMD will go up as you get older. However, if you don’t need your RMDs quite yet, there are a few strategies you can use to get more mileage out of your withdrawals.

For one, it has a much higher contribution limit than many other retirement accounts. In 2025, you can invest up to $23,500 ...

Once you take your RMD out of your IRA, you can’t put it back again—the IRA designs these distributions to be taxed. Have a ...

Recent market swings due to tariffs have unsettled investors, including IRA owners, though conditions have stabilized ...

Dear Savvy Senior, What can you tell me about spousal IRAs? My spouse and I are in our 50s and are looking for ways to boost ...