The Three-Bucket 401(k) Withdrawal Hack That Can Save Retirees Six Figures in Taxes
Quick reading $145,000 of annual spending withdrawn tax-free accumulates $32,300 401(k) plus $90,000 brokerage earnings within the 0% LTCG range plus $22,700 Roth. Defer Social Security until age 70 to protect standard deduction space and avoid inclusion of 85% of benefits; Check the IRMAA threshold of $218,000 in January annually. Are you ahead or behind…