Qualified charitable distributions (QCDs) can reduce your tax bill and Medicare costs in retirement. Here's how this ...

For retirees staring at a looming tax bill from required minimum distributions, there is a little-used maneuver that can ...

Forbes contributors publish independent expert analyses and insights. Empowering smarter money moves. Have you considered using a QCD vs RMD for charitable giving, reducing your tax burden and ...

Required minimum distributions (RMDs) are mandatory yearly withdrawals from tax-deferred retirement accounts once you reach a specific age. Failing to take them results in penalties, and taking them ...

Understanding how distributions from defined contribution plans are taxed is essential for participants planning their retirement income strategy. Depending on whether assets are held in a traditional ...

The IRS provides two sample notices that plan administrators may use: one for eligible rollover distributions from designated ...

Qualified Opportunity Funds (QOFs) offer generous tax incentives but are bound by a complicated set of rules, not to mention the complexity of Subchapter K of the Internal Revenue Code (IRC), as QOFs ...

An audit of Susan’s IRA activity revealed that she paid income tax on $50,000 that qualified to be tax-free. Susan mistakenly believed that her IRA custodian would inform her how much of her ...

Workers should know about these six 401(k) tax rules that can affect how much they'll pay in taxes both now and in retirement ...