almost there
Thinks s/he gets paid by the post
- Joined
- Sep 24, 2008
- Messages
- 1,018
I have been retired/ semi retired for 3 yrs now.
Working 1 to 2 months per year.
Am 54, 55 in Sep.
I have ran a couple scenario's taking the annuity option from my cash balance / pension account rather than transferring the lump sum to an IRA. And starting a 72T at 55 with my IRA.
It looks like in my case, taking smaller amounts over a longer period and staying in the 15% tax bracket would be beneficial over waiting a few years and having to take more out over a shorter period of time.
Bumping me (married couple) into the 25% -28% bracket.
Is there a professional that specializes in this type of thing?
I want to avoid the typical "sign up / invest with us with us forever for a fee" type of retirement sales person.
Or just a Tax only expert. And would like to just pay for the time / info needed.
Thanks in advance & hope what I described makes at least a little sense. LOL LOL
Working 1 to 2 months per year.
Am 54, 55 in Sep.
I have ran a couple scenario's taking the annuity option from my cash balance / pension account rather than transferring the lump sum to an IRA. And starting a 72T at 55 with my IRA.
It looks like in my case, taking smaller amounts over a longer period and staying in the 15% tax bracket would be beneficial over waiting a few years and having to take more out over a shorter period of time.
Bumping me (married couple) into the 25% -28% bracket.
Is there a professional that specializes in this type of thing?
I want to avoid the typical "sign up / invest with us with us forever for a fee" type of retirement sales person.
Or just a Tax only expert. And would like to just pay for the time / info needed.
Thanks in advance & hope what I described makes at least a little sense. LOL LOL
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