Deep Dive: Set Yourself Up to Pay No Penalties or Taxes in Early Retirement
The Money with Katie Show
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How to Convert a Standard Deduction Chunk to Wroth Every Year
You'd convert a standard deduction sized chunk of your four o one k to wroth every year by first rolling the entire thing over into a traditional i r a in the beginning, and then strategically converting those little pieces of it every year. In years one through five, you would try to keep your spending under the zero % capital gains tax allowance threshold. That's about forty two k for singles, 84 k for married couples.
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