#bogleheads

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from24/7 Wall St.
2 months ago
Miscellaneous

My wife and I have a sizable estate with $10 million - are we wrong for being nervous to leave our children a large inheritance?

Teaching children about money prepares them to manage future inheritances effectively.
Delaying access to inheritance can prevent children from benefiting if they pass away before accessing funds.
#tax-implications
from24/7 Wall St.
5 months ago
Miscellaneous

I made a huge mistake with my 401(k) and incurred a $300k tax bill - am I totally stuck?

The OP mistakenly converted $740,000 from a 401K to a Roth IRA, leading to a $300,000 tax bill due to lack of understanding.
from24/7 Wall St.
6 months ago
Privacy professionals

I made a huge mistake with my 401(k) and incurred a $300k tax bill - am I totally stuck?

Converting a 401k to a Roth IRA can incur hefty tax bills that can't be easily fixed, urging caution and professional advice.
from24/7 Wall St.
5 months ago
Miscellaneous

I made a huge mistake with my 401(k) and incurred a $300k tax bill - am I totally stuck?

The OP mistakenly converted $740,000 from a 401K to a Roth IRA, leading to a $300,000 tax bill due to lack of understanding.
from24/7 Wall St.
6 months ago
Privacy professionals

I made a huge mistake with my 401(k) and incurred a $300k tax bill - am I totally stuck?

Converting a 401k to a Roth IRA can incur hefty tax bills that can't be easily fixed, urging caution and professional advice.
more#tax-implications
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