Fidelity viewpoints
Smart IRA withdrawal strategies
Every year, if you’re age 70½ or older, you generally need to withdraw a certain amount of money from your traditional IRA, 401(k) plan, or other workplace savings plan. These minimum required distributions—known as MRDs or RMDs—are usually taxed... ➡
Taking on Retirement's New Normal
Over the course of recent decades, we’ve seen a seismic shift in the nature of retirement. People are living longer. On average, a 65-year-old woman has 23 years to live; a 65-year-old man 20 years.1 And those years are often healthy and active... ➡
Ways to Reduce Taxes on Investments
Overlooking the potential impact taxes can have on investment returns is one of the most common mistakes investors make—especially high-net-worth ones. It can cost you. According to Morningstar, those who didn’t manage investments with taxes in... ➡
Got Competing Financial Priorities?
As if trying to meet day-to-day expenses while saving for retirement and paying for college weren’t enough, now many people find themselves increasingly responsible for the physical, emotional, and even financial challenges of caring for aging or... ➡
Smart Strategies for Retirement Income
Just as your life has likely been nothing like your parents’, your retirement probably won’t be either. It’s no longer as simple as signing up for Social Security, collecting your pension, and settling back. You will probably be more active, live... ➡
What to do with an old 401(k)
If you have a 401(k) or 403(b) at a former employer, you’re likely not sure what to do with it. That’s what we found out in a survey of those who made a job transition—almost a third were unsure of what to do with their workplace saving plan.1... ➡
How to Efficiently Turn Savings into Income
If you’re like many people, you reach retirement with a mix of investments and accounts. After all, there were many tax-advantaged ways to tuck money away for retirement, such as a 401(k) or 403(b), a traditional or Roth IRA, or a deferred... ➡
Five Big Risks to Your Retirement
If you’re nearing or in retirement, it’s important to think about protecting what you’ve saved and help ensure your income needs are met currently and in the future. Here are five rules of thumb to keep in mind now—and throughout retirement. 1.... ➡
