Convert $160K/Year to Roth IRA at 62? Avoid RMDs with $1.6M!
Converting your 401(k) to a Roth portfolio will allow you to entirely avoid RMDs. This is a legitimate form of tax planning. However, often there’s a difference between whether you…
True Percentage of Americans with $1 Million Saved Revealed
A few decades ago, you’d made it if you hit that magic million-dollar mark. You were rich. These days, though, with skyrocketing costs and social media awash with luxury-laden highlights,…
Discover an Uncommon Tax-Saving Strategy for Your RMDs
Everybody hates being told what to do, and retirement investors hate it even more when being told what to do comes with a hefty tax bill – which brings us…
At 67, Should I Withdraw $218k IRA to Minimize Future RMDs?
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I’m turning 68 shortly and plan to wait to claim my Social Security at…