Should I convert $100K per year from my $1M 401(k) to a Roth IRA at age 62?
SmartAsset and Yahoo Finance LLC may earn commissions or income through links in the content below. Retirees with significant assets often have to plan around required minimum distributions (RMDs). If you already have sufficient income and don’t need the money in a pre-tax portfolio, annual RMDs can cost you significantly in taxes that would otherwise…