I stand by my quickie rule-of-thumb that the fear of a “tax bomb” is overblown if a household has, say, a million or less in tax-deferred accounts.
For a married couple with multi-millions in tax-deferred, I would take some level of action now to avoid the surviving spouse paying exorbitant tax rates in their late 80s or 90s.
For a married couple with multi-millions in tax-deferred, I would take some level of action now to avoid the surviving spouse paying exorbitant tax rates in their late 80s or 90s.
Statistics: Posted by David Jay — Mon Sep 15, 2025 12:23 pm — Replies 3 — Views 134