The post Why a $2.1 Million 401(k) Holder Is Moving From California to Nevada Before His First RMD at 73 appeared first on 24/7 Wall St..
Quick Read
Becoming Nevada resident 12 months before age-73 RMD eliminates $220,000 California tax on $2.1M 401(k).
Sell California house or lease arms-length; FTB conducted 520 residency audits in 2023 targeting high-net-worth departures.
Are you ahead, or behind on retirement? SmartAsset's free tool can …