Differences of Qualified vs. Nonqualified Retirement Plans Retirement May 29, 2024 Qualified retirement plans, such as 401(k)s and pensions, can offer significant tax advantages and are subject to strict regulations set…
Should I Take a $400,000 Lump Sum or $2,000 Monthly Payments for My Pension? Retirement May 28, 2024 Deciding whether to take a $400,000 lump sum or monthly pension benefit of $2,000 requires calculating the relative value of…
I’m 60 With $1.5 Million in My 401(k). Should I Convert $120,000 per Year to Avoid RMDs? Retirement May 24, 2024 It’s a wise move to plan ahead for the taxes you’ll pay on retirement income, including eventual required minimum distributions…