Failing to Plan for Taxes Could Mean Planning to Fail in Retirement
by Beth Andrews, CPA, CFP®
Dec 26, 2021
1 minute
Think about all the money you have in your tax-deferred savings accounts (like IRAs) and in company-sponsored plans, such as 401(k)s and 403(b)s.
Now think about having a loan against them. That loan is the money you will owe the IRS when you start taking distributions from those accounts.
How much interest will you pay on that loan? In other words, what tax rate will
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