The 401(k)-to-Roth Fill Strategy That Saves a Couple With $300,000 Income $145,000 in Taxes Over 8 Years
Quick reading Roth conversion of $400,000 over 8 years at 12% saves $145,000 vs. forced RMDs of 24% plus IRMAA surcharges. Converting between ages 65 and 73, before RMDs, forces income into higher levels and incurs Medicare premium penalties. Are you ahead or behind in your retirement? SmartAsset’s free tool can connect you with a…