Liz Weston: Want to avoid taxes on minimum distributions from retirement accounts? There are a few ways

Answer: If you got a deduction for contributing this money, and you want to keep the funds you’re required to withdraw, then yes, you have to pay taxes on these distributions.

The One Budgeting Rule Retirees Should Follow in 2025, According to Experts

Experts revealed the top budgeting rules retirees need to follow in 2025 to avoid overspending and make their money last.

How do you force the next generation to cooperate as they share inherited property?

13 grandchildren are set to inherit a family farm currently shared by 7 siblings, but disagreements over upkeep payments ...

How To Turn $10,000 Into a Growing Retirement Fund

Here are tips from experts on how to invest for retirement with just $10,000. They include compounding interest, tax-advantaged accounts, and consistent investing.

Social Security is paying out more than it can bring in, leaving the government with a $67 billion problem — how to shore up your savings just in case

But smart planning can help ensure that you aren’t relying on Social Security benefits alone to support you in retirement.

3 mistakes to avoid when saving for retirement

With a traditional retirement plan, you'll not only pay taxes on gains eventually, but you'll also be forced to take required ...

Nearly half of Americans ‘aren’t ready to retire’, study reveals — here’s why making a plan for income in retirement is crucial for your golden years

Having a plan really does pay off. Research from T. Rowe Price found that individuals with a formal financial plan had two to four times more wealth when entering retirement compared to those without ...