Sometimes, there is no path forward. On occasion, all roads lead to dead ends.

There are good reasons why you should take your RMD now instead of waiting.

If I retire in the year when I turn 73 (or older) and want to directly roll over my 401(k) funds to an IRA, do I have to first take a required minimum distribution (RMD) from my 401(k)?

When the ball dropped in Times Square on New Year’s Eve, a number of new retirement account provisions became effective.

The year 2025 is upon us! There is no doubt that this will be an eventful time for retirement accounts.

For some retirement account owners and beneficiaries, a very important deadline is looming. December 31 is the deadline to take 2024 required minimum distributions (RMDs) for many individuals.

If a person has multiple IRAs, even if they are held at different custodians, the total aggregated IRA required minimum distribution (RMD) must be withdrawn before any Roth IRA conversion (or 60-day rollover) can be completed.

Since the living, breathing beneficiary can inhabit the deceased person’s single life expectancy space, we have the Zombie Rule!

When a traditional IRA owner wants to convert all or a portion of his account to a Roth IRA, he needs to think long and hard about the transaction.

Before 2022, most people had no SOL protection, and the IRS could go back indefinitely to assess both penalties. In SECURE 2.0, Congress tried to remedy this.

If you were born in 1959, what is the first year that you must start taking required minimum distributions (RMDs)?

When it comes time to roll all these plan dollars to an IRA, where should (and where can) the different dollars go?