Here’s a question we often hear from clients who are either close to or enjoying retirement: Which account should I withdraw from first?
The answer, of course, depends on your unique finances. The conventional line of thinking suggests depleting taxable accounts first, while allowing tax-deferred and tax-exempt accounts to continue to grow and compound under their preferable tax status.
However, retirees frequently fail to consider more nuanced tactics that can potentially smooth their tax bill,…
Tax-efficient withdrawal strategies for retirement syndicated post