Tag Archives: Retirement

December 31 Deadline for Retirees

IRS reminder: Deadline Dec. 31 for most retirees who must make required retirement plan distributions The Internal Revenue Service reminds retirees born before July 1, 1948, that they usually must take distributions from their individual retirement arrangements (IRAs) and workplace retirement plans by Dec. 31. The payments, called required minimum distributions (RMDs), are normally made…

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Helping Workers Save for Retirement

The U.S. Department of Labor has finalized rules enabling states to establish retirement savings programs, while proposing new rules to allow some larger cities to create plans of their own. The announcement will ensure that millions more Americans are able to save for retirement at work and better prepare for their golden years. The president…

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