Quote:
Originally Posted by KCUnited
So after I max out my 401K and roth IRA my only option for adding funds to trade is a brokerage account?
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Correct. And you definitely want a brokerage account anyway as there is a bucket strategy for withdrawing money once you get to the RMD age and you have to start recognizing some of your 401k distributions.
So there is always a magic combination you can use once RMDs kick in to limit, to the extent possible, total taxable income during retirement. That’s why having that brokerage account is critical.
Disclaimer: I am not a financial advisor, however I am a CPA so I do know a little bit bout taxes.