Should You Contribute to a Roth IRA or Pre-Tax as a High Earner? (By Tax Bracket!)
The Personal Finance Podcast
00:00
How Required Minimum Distributions Impact Your Tax Situation
I want you to think through your required minimum distributions because this is something on the back end that a lot of people forget to consider when they go through this. You got to make sure that you understand what is the optimal rate that should be taking them out. So if you're collecting social security, adding more taxable income through your RMDs could make a greater portion of your social security benefits taxable at that point in time.
Transcript
Play full episode
