Don't Want to Take Required Minimum Distributions (RMDs)? Here Are 3 Ways to Get Out of Them.

There's a reason it can be very tempting to save for retirement in a traditional IRA or 401(k) plan. These accounts allow your money to go in on a pre-tax basis, helping you lower your IRS bill during your working years.But because you get a tax break on traditional IRA or 401(k) contributions, the IRS imposes certain rules on those accounts. For one thing, if you tap a traditional IRA or 401(k) plan before age 59 1/2, you'll face a 10% early withdrawal penalty unless you qualify for an exception.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool