Posted 1/15/2025 19:47 (#11057640 - in reply to #11057572) Subject: RE: Variable Universal Life Insurance the new Roth IRA
Camp Douglas Wi. 40miles nw of wi. dells
reformedbanker - 1/15/2025 19:01
Assuming you are the 59.5 and 5 years in, $125k comes out of roth with no tax at all.
I’ll be 73 in April, will have too draw 10% of my IRA and pay taxes on principal and growth. Still contributing to IRA keeping myself in lower tax bracket, as I’m still involved in family farm. Maybe I should just pay the higher tax bracket and be down with it.
Variable Universal Life Insurance the new Roth IRA
