Telemus Blog

How Roth IRA Conversions Can Limit the Tax Hit From RMDs

Written by Barron's | Jan 8, 2020 3:55:44 PM

 

Having a lot of money in a 401(k) or traditional individual retirement account often creates tax headaches in retirement.

I’ve spent the past 30 years shoveling money into my 401(k). Now, semi-retired at age 63, it’s time to start shoveling it out.