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Ask An Advisor: Can I Harness the Bear Market to Cut My RMDs and Tax Bill?

I am currently in a 12% tax bracket and attempting to convert as much money as I can to a Roth individual retirement account (IRA) without going into the next bracket. I am trying to do this to reduce my … Continue reading → The post Ask An Advisor: Can I Harness the Bear Market to Cut My RMDs and Tax Bill? appeared first on SmartAsset Blog.

Ask An Advisor: When Should I Take My First RMD?

Can I avoid getting hit with double taxes on my first two required minimum distributions (RMDs)? I'll turn 73 in January 2024. Do I have until April 1 2024 to take my first RMD? Or do I have until April … Continue reading → The post Ask An Advisor: When Should I Take My First RMD? appeared first on SmartAsset Blog.

SHRM national membership gives access to over 3,000 tools and templates

SHRM national membership gives access to over 3,000 tools and templates
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