Dog
Full time employment: Posting here.
- Joined
- Apr 8, 2006
- Messages
- 880
I retired in August this year and have tapped into pretax savings to supplement DH income. He will retire mid2016. I can tap my 401k since I left work at age 56, but would have take it as a lump sum and really don't want to get hit with taxes, so I'm seriously considering a 72t on my IRA. I've played around with retirement calculators and I doubt we need the entire required distribution, so I will probably begin converting some of the distribution to my Roth account. I believe is this is allowed - correct?
Any one else leveraging 72t this way?
Any one else leveraging 72t this way?