There's actually a pretty clear answer to the question. But first things first.

You may not have to take a required minimum distribution (RMD) if you're under 73, or if the account meets certain criteria.

Required minimum distributions (RMDs) are a way for the IRS to ensure it receives some money after allowing you to deduct ...

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I’m in my mid-70s, have no debt and have managed as a single person to amass about $1 million in traditional IRA savings, ...

Did you know that, in most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts each year once you reach age 73? IRS rules require that you take withdrawals ...

One of the biggest benefits of saving in traditional retirement accounts like a 401(k) or IRA is the upfront tax break you receive. You won't owe any income taxes on contributions in the year you make ...

At 73, you’ve reached a significant milestone, which is a result of a lifetime of hard work, planning, and perseverance. Congratulations! However, this particular birthday also comes with an essential ...

I was the beneficiary of my late wife’s IRA and 401 (k) — but I want our kids to get the cash. Do I still have to take ...