Posted 1/9/2025 07:07 (#11047943 - in reply to #11047936) Subject: RE: IRA and taxes. Is it smart to fund it on a low tax or loss year?
Answer to first question is yes. Another option, if over 59 1/2, would be to simply withdraw a hundred grand to help get you through the year, penalty and tax free. Only way to get a refund would be if making estimates.
IRA and taxes. Is it smart to fund it on a low tax or loss year?
