Your Biggest Asset Might Be Your Biggest Tax Problem

About this episode

Scott discusses the potential tax implications of having a large traditional 401(k) balance in retirement.

Curious about your retirement savings? Our How Much Do I Need To Retire? quiz gives you an idea of where you stand and a starting point to think about your long-term planning. — You did everything right. You maxed your 401(k) for decades, watched the balance grow, and felt good about where you were headed. Then someone showed you a tax projection for retirement and it was a lot bigger than you expected. In this episode, Scott walks through why a large, traditional 401(k) balance can qui...

People in this episode

Host: Scott Frank

Topics covered

• retirement savings
• 401(k)
• tax planning
• long-term planning
• financial education

Keywords

• retirement
• 401(k)
• tax problem
• financial planning
• savings

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