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Why a $2.1 Million 401(k) Holder Is Moving From California to Nevada Before His First RMD at 73

Summary by 247wallst.com
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 …

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247wallst.com broke the news in New York, United States on Wednesday, June 3, 2026.
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