Financial Planner James Bremis was recently quoted by Financial Planning in the article "5 strategies to make retirement savings last."
He shares his insights on how a Roth IRA is unique in allowing savers to pay taxes up front, which can set them up to blunt taxes in the future. Bremis explains how "moving money out of accounts with required RMDs makes economic sense" to avoid making payments on tax bills from the distributions. A Roth IRA could set affluent people nearing retirement up for success, he shares.
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Read the full article featuring Bremis here.