Swetch
Dryer sheet wannabe
- Joined
- May 18, 2020
- Messages
- 17
If my spouse and I retire at the end of this year, we will have about 1/3 of our nest egg in 401k accounts and 2/3 in savings accounts (which is 90% in CD's as of now).
My concern is with taxes on the interest from the savings accounts and CD's.
Where could I put this money so that it is taxed as LTCG instead of ordinary income?
My concern is with taxes on the interest from the savings accounts and CD's.
Where could I put this money so that it is taxed as LTCG instead of ordinary income?