Thales@sh.itjust.works to memes@lemmy.worldEnglish · 9 months agoPlanning for retirementsh.itjust.worksexternal-linkmessage-square17linkfedilinkarrow-up1825arrow-down18file-text
arrow-up1817arrow-down1external-linkPlanning for retirementsh.itjust.worksThales@sh.itjust.works to memes@lemmy.worldEnglish · 9 months agomessage-square17linkfedilinkfile-text
minus-squareLukas MurchlinkfedilinkEnglisharrow-up38·9 months agoI can probably retire at 65, as long as I pass away at 63.
minus-squarepotoooooooo 🥔@lemmy.worldlinkfedilinkEnglisharrow-up9·9 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.