Spitballing Early Retirement by the Ocean with Husband and Boyfriend - 395
Your Money, Your Wealth
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Converting to the 24 % Tax Bracket?
If you have three million dollars, your required distribution is going to be 200 thousand dollars. The 24 % tax bracket is huge and goes up to over 300 forty thousand dollars for 20 22. So i don't know if you want to give your cash full away to a life insurance contract that, yes, the death benefitis going to go tax free but that money's gone. You might need it for long trom care. There's all sorts of different things.
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