Maximizing Retirement Income: RMD Conversion Strategies
Update: 2025-11-20
Description
Navigating Tax-Efficient Conversions: A Retirees GuideOur listener, a sixty-eight-year-old retiree with a $200K annual income, seeks to optimize tax strategy by converting funds from a traditional 401(k) before RMDs. Balancing present tax bill and future RMDs is key. The IRSs 2026 tax rates provide a guide. Consulting a financial planner or tax-savvy accountant is crucial for precise conversions. Other strategies include Roth accounts, charitable distributions, and estate planning.
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