One big drawback of saving for retirement in a traditional IRA or 401(k) is that eventually, you'll have to start taking withdrawals from your account -- whether you want to or not. Required minimum ...

Failing to take your RMD as scheduled can result in a 25% penalty on the amount you should have withdrawn. You may have to take the money out of your retirement account, but you're not required to ...

There's still time to make use of this strategy before the end of the year. If you're over 70 and giving to charity, it's time to learn about QCDs. On Giving Tuesday this year, some 38 million people ...

Retired clients can put their qualified charitable distributions to work for a small, taxable income stream if they exercise care using charitable gift annuities (CGAs), advisors say. “A CGA is ...

Q. In a recent column, you indicated that I could use the qualified charitable distribution (QCD) option at 70 1/2. I am confused. I thought I did not have to take required minimum distributions (RMDs ...

October is National Estate Planning Awareness Month. With the stock market hovering at an all-time high, there’s never been a better time to evaluate which charitable-planning strategies can help ...

Required minimum distributions can be a huge hassle from a tax perspetive. Donating your RMD to charity could get you out of paying taxes. You have to do your donation a certain way to pull that off.