I am 62 years old with $900,000 in a 401(k). Should I convert $90,000 per year to reduce taxes and RMDs?

I am 62 years old with 0,000 in a 401(k). Should I convert ,000 per year to reduce taxes and RMDs?

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Roth conversions at the end of life can require some tricky math. As you approach retirement, one of the most important questions will be how to handle taxes on your retirement income. For households that rely on pre-tax portfolios … Read more