Saving for retirement often comes with an upfront tax break when funneling money into pretax accounts. But it’s also critical to manage taxes on future withdrawals, experts say.
If you don’t need the money, you may delay taking funds from retirement plans until your mandatory yearly withdrawals, known as required minimum distributions, or RMDs, kick in.
However, a looming tax law change in 2026 may make earlier withdrawals more appealing for retirees.