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I am 62 years old with $700k in a 401(k). Would converting $70k annually help avoid RMDs?
247wallst.com/investing/2025/06/03/i-am-62-years-old-with-700k-in-a-401k-would-converting-70k-annually-help-avoid-rmdsRetirement accounts are valuable resources that allow your money to compound with tax advantages. However, the IRS imposes required minimum distributions once you reach your 70s. The age you have to start making withdrawals depends on when you were born, but people who were born on…
This story appeared on 247wallst.com, 2025-06-03 14:55:39.