As investors reach the age of retirement after years of diligently investing, many wonder about the rules for retirement account distributions and how much should be withdrawn from these accounts.

IRA accounts are designed for retirement savings, so in order to discourage you from using the funds in your IRA too early, the IRS can assess a penalty for an early withdrawal. Certain IRA ...

Required minimum distributions (RMDs) are required for tax-deferred retirement accounts. The amount of your RMD will depend on your current age and account value at the end of the previous year.

With the year drawing to a close, individuals with pre-tax retirement accounts should familiarize themselves with the ...

Most 401(k) plans allow workers to withdraw money early. Early withdrawals are typically taxed as income and may be subject to a 10% penalty. The IRS waives the 10% penalty in certain circumstances.