There are rules you have to follow to get out of paying taxes.

A lot of people opt to save for retirement in a traditional IRA or 401(k) without really thinking about the long-term ...

There's still time to make use of this strategy before the end of the year. If you're over 70 and giving to charity, it's time to learn about QCDs. On Giving Tuesday this year, some 38 million people ...

Retirees must begin Required Minimum Distributions (RMDs) once they reach age 73. (This age will increase to 75 for anyone born in 1960 or later). There's more to an RMD than just withdrawing the ...

Retired clients can put their qualified charitable distributions to work for a small, taxable income stream if they exercise care using charitable gift annuities (CGAs), advisors say. “A CGA is ...

Saving for retirement in an IRA or 401(k) comes with a big advantage. Any contributions you make are tax deductible in the year you make them. On top of that, you don't pay any taxes on your ...

I’m turning 68 shortly and plan to wait to claim my Social Security at age 70 to maximize the monthly benefit. I also plan to retire at the end of the year, if not sooner (so in three months or less).