Required minimum distributions can be a double hit: they raise taxable income and can pull more of your Social Security into ...

If you're 73 or older, you are required to start taking withdrawals from your tax-deferred retirement accounts, such as traditional IRAs and 401(k)s. These withdrawals are known as required minimum ...

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As you approach retirement, it’s important to consider how required minimum distributions (RMDs) from your IRA or 401(k) could impact your taxes. These withdrawals are intended for you to draw down ...