Thales@sh.itjust.works to memes@lemmy.worldEnglish · 6 months agoPlanning for retirementsh.itjust.worksimagemessage-square17fedilinkarrow-up1825arrow-down18file-text
arrow-up1817arrow-down1imagePlanning for retirementsh.itjust.worksThales@sh.itjust.works to memes@lemmy.worldEnglish · 6 months agomessage-square17fedilinkfile-text
minus-squareLukas Murch@thelemmy.clublinkfedilinkEnglisharrow-up38·6 months agoI can probably retire at 65, as long as I pass away at 63.
minus-squarepotoooooooo ✅️@lemmy.worldlinkfedilinkEnglisharrow-up9·6 months agoThere’s a pretty hefty tax penalty for dying before 65 on those plans. It becomes taxable as income at twice the rate.
I can probably retire at 65, as long as I pass away at 63.
There’s a pretty hefty tax penalty for dying before 65 on those plans. It becomes taxable as income at twice the rate.