Bigger TSP Balances Lead to Higher RMDs in 2026
The U.S. stock market continued its impressive run in 2025, logging substantial gains for the third year in a row. Specifically, U.S. stocks rose by 17% based on price-to-earnings ratios. This follows increases of 23% in 2024 and 24% in 2023. Noteworthy milestones include: The S&P 500 nearing 7,000. The Dow Jones Industrial Average surpassing […]
RMDs and Roth conversions: The unexpected benefits of RMDs that many US retirees overlook. Avoid making the wrong decision in 2026.
Required minimum distributions, or RMDs, often seem like a financial mess waiting to happen. They’re viewed as something to dodge. On the flip side, converting to a Roth IRA is usually showcased as a smart move. You pay taxes upfront, shift funds into a Roth, and then let your money grow without the tax burden. […]
“I would rather put off making a decision.” My wife died at 59, but the adviser mishandled her $400K IRA, and now I believe I need to start RMDs sooner than I’d prefer. I need assistance.
My wife passed away in January 2023 at the age of 59 and had a traditional IRA that had never seen any distributions. I was the sole beneficiary. After her death, a financial planner set up an IRA in my name. I opened a new account and rolled over her assets there. This new account […]
RMDs Explained: Essential Information for Retirees
Key takeout Required Minimum Distributions (RMDs) mainly apply to traditional tax-deferred accounts, with a significant exception for Roth accounts. The RMD age shifted from 70 and a half to 72. Now, those who are currently 73 must start taking RMDs, which will change again to 75 by 2033. If you’re not retired yet, consider different […]