You’ve been a good saver, socking away money in your 401(k) or IRA for years. You got a tax break every year, too. Now that you’re getting close to retirement, it’s time to begin to defuse that so called “lump sum time tax bomb”.
You’ve been a good saver, socking away money in your 401(k) or IRA for years. You got a tax break every year, too. Now that you’re getting close to retirement, it’s time to begin to defuse that so called “lump sum time tax bomb”.