• SmartAsset

    Ask an Advisor: My Dad Left Me $200k in an IRA, but I'm in the 35% Tax Bracket. How Should I Structure My Withdrawals?

    I was left $200,000 in an IRA Beneficiary Distribution Account (BDA) when my father passed. I have 10 years to withdraw this money. I'm at the 35% federal tax rate currently and plan to make a similar annual income over the next 10 years. Taking the money out in one lump sum would not change […] The post Ask an Advisor: My Dad Left Me $200k in an IRA, but I’m in the 35% Tax Bracket. How Should I Structure My Withdrawals? appeared first on SmartReads by SmartAsset.

  • SmartAsset

    What Will My Lifestyle Look Like If I Retire With $7 Million?

    Imagine retiring with $7 million in your 401(k) or IRA. What kind of lifestyle might that size nest egg support? Picture owning a luxurious home in a high-end neighborhood, driving top-notch vehicles, regularly vacationing in exotic locations and availing best-in-class healthcare without worrying about rising costs. When planning a $7 million retirement it's important to […] The post What a Retirement Lifestyle With $7 Million Looks Like appeared first on SmartReads by SmartAsset.

  • The Telegraph

    Post office chief received bonus in same year she ‘misled High Court’

    A former Post Office boss has disclosed receiving a bonus from the company in the same year she was accused of misleading the High Court.