Retirement withdrawals

One guideline to remember is that retirees should continue being invested in stocks, which produce high returns and pay dividends.

One guideline to remember is that retirees should continue being invested in stocks, which produce high returns and pay dividends.

The IRS is relaxing some rules to make pulling money from retirement plans easier after hurricanes Irma and Harvey, but clients should remember the taxes and penalties associated with withdrawals are unchanged,

The IRS is relaxing some rules to make pulling money from retirement plans easier after hurricanes Irma and Harvey, but clients should remember the taxes and penalties associated with withdrawals are unchanged,

Between taxes and penalties on early withdrawals, many clients will only be getting 65 cents for every dollar they take out.

A lack of widespread auto-portability in the present U.S. retirement system is causing many plan sponsors to pay plan cash-outs to terminated employees.

Between taxes and penalties on early withdrawals, many people will only be getting 65 cents for every dollar they take out.

A lack of widespread auto-portability in the present U.S. retirement system is causing many plan sponsors to pay plan cash-outs to terminated employees.

Not tapping tax-deferred retirement accounts until the age of 70 1/2 can be a wrong move, as required minimum distributions can be big enough to push retirees to a higher tax bracket.

Not tapping tax-deferred retirement accounts until the age of 70 1/2 can be a wrong move, as required minimum distributions can be big enough to push retirees to a higher tax bracket.