Investors who build tax diversification, get savvy with RMDs, mind state taxes, and avoid the 'tax torpedo' can lighten their tax loads considerably in retirement, says Morningstar's Christine Benz.
Little-known RMD issues do pop up every once and awhile.
Natalie Choate answers reader questions about calculating multiple beneficiary and 'much younger spouse' RMDs.
Most IRA owners limit withdrawals to required minimum distributions, according to a new report from the Employee Research Benefit Institute. Nevertheless, a substantial number of higher-income retirees take withdrawals before age 70-1/2 and those non-required distributions may be relatively large, ...
If you're looking to establish a sane, sustainable withdrawal plan, then follow these tips.
When an IRA beneficiary isn't named, there's trouble.
There is probably no such thing as a simple question regarding minimum distributions.
With elevated capital gains distributions and RMDs on the way, along with some higher tax rates, consider these end-of-year tips to temper the tax hit.
Morningstar's Christine Benz offers hints for how retirees should approach taxes in regard to portfolio withdrawals, RMD reinvestments, property, health care, and estate planning.