Saving for retirement is one of the most challenging tasks Americans face, as they prepare for their financial future.

Both a 401(k) and IRA offer tax-deferred retirement savings options. The 401(k) has two key advantages over an IRA that could ...

After a certain age, holders of retirement accounts such as Individual Retirement Accounts (IRAs) are required to start making mandatory withdrawals, known as Required Minimum Distributions (RMDs).