Forgot an IRA withdrawal? The mistake is costing investors billions.

Nearly 7% of Vanguard’s IRA investors age 73 and up fail to take required annual withdrawals, triggering costly tax penalties ...

Many retirees aren't taking required distributions. It can cost them.

As their name implies, RMDs set a minimum amount that must be withdrawn and taxed once those account holders hit a certain age – 73, for traditional IRA and 401(k)s.
PLANADVISER

Missing RMDs Cost Investors $1.7B in Penalties, per Vanguard

More than half of investors with IRA balances under $5,000 missed their required minimum distribution in 2024, according to ...

Retirees, This End of Year Error Could Cost You Big, Says Vanguard Study

Many retirees miss required minimum distributions each year, risking steep IRS penalties that Vanguard estimates could total ...
WJHL-TV

More Americans tapping 401(k)s to pay for financial emergencies

(NewsNation) — More Americans are raiding their retirement savings to cover emergency expenses, taking early withdrawals from their 401(k)s. A record 4.8% of account holders took hardship withdrawals ...

Roth IRA Investment Tips: What to Do and Avoid

Discover smart investments for Roth IRAs, avoid prohibited transactions, and understand contribution limits for optimizing ...