Roth conversion

At 62, the conversion of $ 90,000 a year from my $ 900K 401 (k) good move to avoid RMD?

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At 62, the conversion of $ 90,000 a year from my $ 900K 401 (k) good move to avoid RMD?

Smartastit and Yahoo Finance LLC can earn a commission or revenue through links in the content below. Conversion to late life Roth can take some sophisticated mathematics. As retirement approaches, one of the most important issues will be how to manage your retirement income taxes. For households that rely on portfolios before taxes, such as … Read more

Should I start converting $ 120,000 a year from my IRA of $ 1.2 million to Roth at the age of 60?

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Should I start converting $ 120,000 a year from my IRA of $ 1.2 million to Roth at the age of 60?

Smartastit and Yahoo Finance LLC can earn a commission or revenue through links in the content below. If you are 60 years old with $ 1.2 million saved for retirement in traditional IRA, you may start thinking about the necessary minimum distributions (RMD) and the huge annual tax account they can create after you are … Read more