I'm 60 With $750k in my 401(k). Should I Convert $75,000 per Year to Avoid RMDs in Retirement?

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  • I'm 58 With $1.4 Million in My 401(k). Should I Convert $140k per Year to Avoid RMDs and Taxes in Retirement?
    Transferring funds from a 401(k) to a Roth IRA can help a retirement saver control the timing and, potentially, the amount of their future tax liability. In general, if your applicable income tax rate ...
    01/7/2025 - 2:17 am | View Link
  • I'm 60 With $750k in my 401(k). Should I Convert $75,000 per Year to Avoid RMDs in Retirement?
    Transferring funds from a 401(k ... year rule means they may have to pay taxes on Roth withdrawals unless they delay retirement until five years after conversion. While converting will avoid RMDs ...
    12/7/2024 - 7:22 am | View Link
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