Maximizing Your IRA for Retirement

Reported about 16 hours ago

As you transition into retirement, managing your IRA is crucial for balancing security and growth. Consider a Roth conversion to potentially eliminate income taxes on your withdrawals, while rebalancing your portfolio to adjust for risk as your income sources change. Moreover, account for required minimum distributions (RMDs) and plan for taxes on your withdrawals to ensure a stable financial future. Consulting a financial advisor can help tailor a strategy that meets your retirement goals.

Source: YAHOO

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