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I Have $1.5M in My 401(k) — Here's What My RMD and Tax Bill Look Like
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YouTubeErin Talks Money
I Have $1.5M in My 401(k) — Here's What My RMD and Tax Bill Look Like
00:00 - Intro 00:45 - What are RMDs? & How do the deadlines work? 03:26 - Understanding Provisional Income 04:02 - How much of their Social Security is Taxed? 06:51 - What Happens After Your First RMD? 09:03 - Can You Reduce Future RMDs? 09:13 - Roth Conversions 11:10 - Pros 12:06 - Cons 13:29 - Qualified Charitable Distributions (QCDs) 15:05 ...
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