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There's plenty to like about retirement accounts like 401(k)s and traditional IRAs. Both types of accounts allow your ...

As you approach retirement, it’s important to consider how required minimum distributions (RMDs) from your IRA or 401(k) ...

The government offers retirement savers a significant tax advantage when they use certain retirement accounts. Traditional ...

Anyone turning 73 in 2025 will have to start taking required minimum distributions. RMDs are typically due by the end of the ...

If you are 73 or older and need to take an RMD, you must first consult the life expectancy tables published by the IRS each year. In order to calculate the necessary RMD, divide the value of the ...

The IRS kicked off the tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns. Its free Direct File service, which this year will be available to residents in 25 ...

To determine your RMD, the IRS uses a figure called your life expectancy factor (LEF). You'll divide your account balance at the end of the previous year by your LEF, and the result is your RMD.

Beer bellies have been identified as a crucial factor in our chances of getting cancer. A study of 316,000 Brits revealed how much a smaller waistline and getting enough exercise can cut our ...

First Annual Table under I.R.C. §45Y(b)(2)(C)(i) and Treas. Reg. §1.45Y-5(g) that sets forth the greenhouse gas (GHG) emissions rates for certain types or categories of facilities, the IRS released.

Seventeen years after Congress enacted IRC Section 2801, the IRS (finally) released final regulations implementing the law on Jan. 10, 2025. It’s been a long wait. The regulations clarify (to a ...