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The most expensive mistake a retiree can make

Retirement is expensive enough without donating 25% of your savings to the IRS in penalties. If you’re over 73, check your ...

Inheriting an IRA? Advisors warn these 3 costly mistakes could drain far more of your windfall than you expect

For example, some beneficiaries choose to only take the RMDs and end up with a large remaining balance in year 10, which then leads to a substantial tax bill that year. Similarly, you will likely want ...
Money Talks News on MSN

Withdraw IRA funds early without fees—unless you break one strict rule

Section 72(t) offers penalty-free early IRA withdrawals with a serious catch: you're locked into fixed payments for years and ...

18 Small Towns With No Taxes on 401(k), IRA, and Social Security Income to Consider

Looking to save money on taxes and have your retirement income go further? Retire to one of these 18 U.S. cities where 401(k), IRA, and Social Security income aren't taxed by the state.