DC Decisions Affect Your Retirement Part 2
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DC Decisions Affect Your Retirement Part 2
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In this episode of the Kingsguard Capital Retirement Wars podcast, Joseph & Kris talk about the implications of IRMA (Income Related Monthly Adjustment Amount) on retirement savings and the importance of understanding various fees that can affect retirees' income. They emphasizes the need for a comprehensive retirement analysis to assess potential tax liabilities, particularly for those with significant tax-deferred assets. The conversation turns to Roth IRA's and the hypothetical example of a retiree named Steve, illustrating the significant tax savings that can be achieved through strategic planning and the importance of consulting with financial professionals to navigate these complexities.
Reach out to the Kingsguard Capital J-Team at 804-886-1196