04-21-2005, 09:29 PM
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 Re: Taxes on IRA/401k distributions Well, if it is a taxable IRA now, the only way to reduce or eliminate taxes in the future is to convert it to a Roth IRA now. But, doing so will have tax consequences now. I have read about a way that you can supposedly do it using insurance. But, we all know insurance isn't free. I'll see if I can find that article or summarize it on my blog. JLP http://AllThingsFinancial.blogspot.com |
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04-21-2005, 08:07 PM
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| Taxes on IRA/401k distributions I recently received a flyer from a "retirement services" company inviting me to a seminar where I would learn how to "reduce or totally eliminate" taxes on income, IRA/401k distributions, etc. during my retirement years. I don't plan to attend, as I assume they will be trying to sell me something. However, I'm wondering if there really are ways to make IRA/401k distributions tax-free or low-tax, other than the obvious but impractical method of making the distributions for very small amounts each year. John Cowart |
| Tags |
| distributions, ira or 401k, taxes |
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