SevenUp
Full time employment: Posting here.
- Joined
- Jul 3, 2014
- Messages
- 885
That's a fine plan!A traditional IRA (Spousal) will help reduce this years tax liability as our earnings will be lower in retirement and we will move to an income tax-free State (current state is around 7.5%).
The next step is to create a Spousal IRA depositing the max ($7K for over 50yo) and then roll over the old retirement plan into it.