If they will continue working full time or will be phasing out of work, and wages put them in a higher tax bracket during the phase-out period, they may want to delay distributions (withdrawals) from their tax-deferred accounts until years in which they have no earned income and are in a lower tax bracket,
More Quotes from Michael Busch:
The biggest issue, I think, for us to get a handle on is to make sure that, through the enforcement agency in the comptroller's office, none of the dealers are artificially inflating their prices to gouge the public,Michael Busch
Hundreds or more would have received infections from blood transfusions without the race-based policy.
Michael Busch
People hate paying taxes, and the 10 percent penalty has been a huge incentive for many to not disturb the balances in their tax-deferred accounts.
Michael Busch
Inflation is a bigger threat for boomers than for their parents, ... The longer the period of retirement that you must plan for, the more inflation eats away at your purchasing power.
Michael Busch
until I hear from the industry.
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Based on Topics: Work & Career QuotesBased on Keywords: distributions, phase-out, phasing, tax-deferred
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