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Make Retirement Account Withdrawals Work Best For You

beebee
edited July 21 in Other Investing
Great Article from T. Rowe Price:
Insights:

— There are alternatives to the conventional strategy of drawing on a taxable
account first, followed by tax-deferred accounts (e.g., Traditional individual retirement
accounts) and then Roth accounts.
— A variety of strategies can be employed at different phases of retirement, such as
filling low tax brackets, taking tax-free capital gains, and executing Roth conversions.
— Coordinating a withdrawal strategy and a Social Security claiming strategy can
drive even more tax efficiency than either approach alone.
— If planning to leave an estate to heirs, consider which assets will ultimately
maximize their after-tax value.
Link to Full Article:
how-to-get-more-out-your-retirement-account-withdrawals.pdf

Video on the subject from Rob Berger:



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