Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Vikki Velasquez is a researcher and writer who has ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Gordon Scott has been an active investor and technical analyst or ...

Starting RMDs at age 73 is mandatory for traditional IRAs to ensure that you pay taxes on your savings. Missing your full RMD triggers a 25% penalty, which can be ...

401(k) withdrawals before age 59 1/2 may incur taxes plus a 10% penalty. Roth 401(k) distributions are generally tax-free. At 73, you must start taking RMDs from a traditional 401(k), calculated based ...

According to the study, about one-third of consumers across all three geographic categories identified saving money on their electric bills as a top priority and said that keeping ...