Is there a way to take money out (shelter?) of my tax-deferred 457(b) plan before I hit age 70 and a half so that when I do reach that age I can minimize the taxes I'll have to pay?
I did some "what-if" calculations and wow, there looks to be a big jump in my taxes when the minimum distributions begin. I'm only 62 now so if there's something I can do over the next eight years I want to be doing it.
Thanks. I welcome all advice.
I did some "what-if" calculations and wow, there looks to be a big jump in my taxes when the minimum distributions begin. I'm only 62 now so if there's something I can do over the next eight years I want to be doing it.
Thanks. I welcome all advice.