This kind of financial hangover can make the start of the year a little less joyful, but there are ways to prevent it. “People often go into the holiday season without a plan. They might know who they ...
If he didn't do the conversion and left his money in his 401 (k) or traditional IRA, he would instead pay a 25% tax on each of the RMDs he would receive in subsequent years (this is assuming the ...