Retirement income & expenses

Learn how to manage sources of your retirement income, meet Required Minimum Distribution (RMD) requirements and evaluate your expenses.

Income from retirement savings

When it's time to withdraw money from your employer plans and IRAs, understanding the rules can help you make informed choices.

Balance your income and expenses

Learn how to help make sure your retirement income will cover your retirement expenses.

When to begin collecting Social Security

Learn when to apply for Social Security benefits and how they can be delayed, suspended, or continued while you work.

Pension options

Evaluate options for your pension and find other ways to potentially maximize your pension distribution.

Required minimum distributions (RMD)

You are required to begin withdrawing from certain retirement accounts at age 70 1/2. Before taking these distributions, you should understand the amount of your RMD, which accounts require distributions, and the penalties for not taking them.

Retirement costs and expenses

Regularly evaluating your expenses can help determine how much income you'll need to support your retirement. It will also show if you need to adjust your spending habits.

Retirement health care costs

Learn about retirement health care costs and how to prepare for expected and unexpected health care expenses.

Gifting opportunities and charitable tax donations

Giving to a charitable cause, or to your children or loved ones, can be personally fulfilling and may offer valuable tax benefits.