Follow these tips to help clients draw down their retirement funds in a tax-efficient manner and avoid common mistakes.

The new federal break for older taxpayers is not a "retirement tax credit" at all, but a sizable extra deduction that trims ...

Responsible retirement planning begins early in a career. As time goes by, money placed in an IRA or a 401(k) will grow, allowing for a comfortable retirement. But post-retirement, the money saved ...

The new year has just begun and income tax deadlines are months away, but there's one thing to start considering now. Many ...

Different retirement accounts come with different rules and different tax treatment. That gives you far more flexibility to minimize taxes both before and in retirement. “There are three basic ...

“It’s not a penalty — it’s a surprise tax hike disguised as a Medicare premium.” That’s how I describe one of the sneakiest traps in retirement: the Income-Related Monthly Adjustment Amount, better ...

President Donald Trump pledged that there would be “no tax on tips, no tax on overtime and no tax on Social Security for our great seniors” on his 2024 campaign trail. He signed into law the One Big ...

A retirement spending plan works best when income is organized into clear categories. Experts recommend segmenting income, so ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Retirement means shifting from accumulating wealth to ...

Why settle for low returns on your nest egg when you can earn higher returns for about the same level of risk?