In most cases, you take money out of a Roth or an IRA, either one, you have a 10% penalty on top of your tax that you already owe, right? You probably owe state taxes on that as well, so you have to avoid the simple mistakes first.
MARK FRICKS
ATLANTA – Could understanding the intricacies of retirement tax planning be the key to unlocking a stress-free retirement? Join Evan and Mark Fricks, as they dissect several strategies for minimizing tax burdens on large pre-tax accounts like 401(k)s and IRAs. They highlight the importance of integrating income and tax planning, and offer insights into avoiding early withdrawal penalties. Learn how rollovers can potentially optimize your retirement accounts and why working with specialized advisors can be essential for crafting personalized financial strategies.