It’s time to take money from your retirement savings. How to get it right

It’s time to take money from your retirement savings. How to get it right

Guido Mieth | DigitalVision | Getty Images

You’ve saved for retirement for decades. Now what? Time to think about how to draw down your money in a smart way.
The IRS currently requires savers to make withdrawals from their retirement accounts starting at age 70½. However, this week the Senate passed a bill that would raise that age to 72, among other changes. The measure now will head to President…

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