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Ask an Advisor: Is It Smart to Convert My Retirement Savings Into Annuities to Satisfy My RMDs?

I’ve received letters from the thrift savings plan (TSP) and from my IRA holder that I am subject to RMDs this year. I’ve also been advised that converting these qualified funds to annuities and ...
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I'm 67 With $990k Saved and $2,200 Monthly From Social Security. What Should My Retirement Budget Look Like?

A 401(k) and a traditional IRA are both retirement ... The amount of your RMD is based on the balance of the account as of ...