Tax Diversification in Retirement: Why All Your Money Shouldn’t Necessarily Be in One Tax Bucket
Retirement assets may fall into different tax categories. Tax-deferred assets can include traditional 401(k)s and IRAs. Taxable assets may include brokerage accounts, savings, real estate, and other investments. Tax-free or tax-advantaged assets can include qualified Roth distributions and certain properly managed insurance strategies. Why does this matter? Because having multiple tax buckets can provide flexibility […]