Reported 2 days ago
As the new year starts, focus shifts to retirement planning. Key considerations include withdrawal strategies and tax efficiency. In a Wealth podcast, Robert Powell discusses effective tax-saving strategies, emphasizing health savings accounts and account diversification. He stresses the importance of strategic withdrawals, suggesting a common approach of withdrawing from taxable accounts first, followed by pre-tax accounts like 401(k)s or IRAs, and lastly, post-tax accounts like Roth IRAs.
Source: YAHOO