The tax bracket hit is the obvious problem, but his Medicare bill contains a second cost that could ambush him without warning. One strong market year before he turns 73 could trigger a financial ...

If you are in your 70s with a sizable traditional IRA and adult kids in their peak earning years, the question of when to ...

There are certain benefits to saving for retirement in a traditional IRA or 401(k) -- namely, the up-front tax break. And if you're in a higher tax bracket, a traditional retirement plan could make ...

At some point, the IRS requires that money held in tax-deferred retirement accounts begin moving out. The logic is straightforward. When a worker contributes to a traditional IRA or a 401(k), those ...

At 70, he feels fine. Social Security covers the basics, his IRA is growing, and taking a $40,000 annual withdrawal keeps things comfortable. But at 73, the IRS will start requiring minimum ...

Suze Orman advises converting above-RMD traditional IRA withdrawals into a Roth, preserving tax-free growth and sparing heirs a larger future tax bill. Converting at a 22% rate saves $13,000 per ...