How Retirees Spend the Savings They Are Forced to Withdraw
aslysun / Shutterstock.com At some point in your 70s, the tax-free ride that you enjoyed for decades on your 401(k) and traditional IRA investments finally comes to an end. That’s when you must begin taking required minimum distributions (RMDs) — and paying taxes on that money — each year. The exact age at which your … Read more