Drain that 401k as soon as possible
Jun 22, 2023•17 min•Season 3Ep. 3
Episode description
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There is no need to pay more in income taxes than is absolutely necessary. Good planning can avoid paying any federal income taxes on your 401k withdrawals or at worst, paying a much lower percentage.
Retired persons earn lower income and much of Social Security income is not taxable. This allows retired persons to earn more meaning add to your earnings deductions from your 401k. Listen as we discuss how to drain that 401k and pay as little in federal income tax as possible.
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