But keep in mind that you can't keep all that money in there forever. The IRS requires you to begin withdrawing money from these accounts -- and pay taxes on those withdrawals -- once you turn 73.
A new year raises an old, perennial question about how retirees should optimize the use of their retirement savings.
Required minimum distributions, or RMDs, are the amounts that must be withdrawn each year from specific retirement plan accounts upon reaching the required minimum distribution age. These mandatory ...
Business Intelligence | From W.D. Strategies on MSN

5 tips for avoiding penalties on your first required minimum distribution

Retirement planning is full of twists and turns, yet few things cause as much confusion as required minimum distributions.
Those 73 and older typically have to take their required minimum distributions (RMDs) by Dec. 31. RMDs are based on your account value at the end of the previous year and your age. You must take RMDs ...
Required minimum distributions (RMDs) on pre-tax retirement accounts start at age 73 for account holders born between 1951 and 1959. The Secure 2.0 Act ended RMDs on Roth 401(k) plans and Roth 403(b) ...