Required Minimum Distributions force retirees to withdraw money from retirement accounts and pay taxes even if they don't ...

The main difference between taxable, tax-deferred and tax-free accounts lies in when you pay taxes on your money. Taxable ...

Planning for retirement can feel overwhelming, but fortunately, there are several savings tools available to help take the sting out of the process. By utilizing these tools, you can create a ...

Required minimum distribution amounts are calculated by dividing a life expectancy factor into the relevant account balance ...

WGN Radio’s Tom Fortino from Alpha Wealth Group gives you the latest financial business news, financial planning advice, and more! On this week’s episode, Tom talks about deferred payment strategies, ...

What goes up must come down. That's a basic way of expressing gravitational pull, but I'm actually talking about the balances of certain retirement accounts. If you invest in a tax-deferred retirement ...

You can take withdrawals from your 401(k) before you retire but in most cases you will pay a penalty in addition to income ...