normal income

I’m 62 years with $ 900,000 in my 401 (k). Should I transfer $ 90,000 a year to Roth IRA to reduce taxes and RMD?

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I’m 62 years with $ 900,000 in my 401 (k). Should I transfer $ 90,000 a year to Roth IRA to reduce taxes and RMD?

Smartset and Yahoo Finance LLC can earn commissions or income through links below. Late Roth conversion can take complex mathematics. As retirement approaches, one of the most important issues will be how to manage taxes on your retirement income. For households based on portfolios before tax, such as 401 (k) or traditional IRA, this means … Read more