Don't Hate Your RMDs if You're Stuck Taking Them

Key Points Traditional IRAs and 401(k)s eventually force seniors to start taking withdrawals from their account. Required minimum distributions (RMDs) could lead to higher tax bills and other consequences. They could also serve as an opportunity to enjoy retirement to the fullest. The $23,760 Social Security bonus most retirees completely overlook › For many people, saving for retirement in a traditional IRA or 401(k) seems like a good idea until their senior years roll around. At that point, ma ...