Retiring with a sizable 401(k) can feel like the finish line. But for one retiree, the nine years between leaving work and starting Required Minimum Distributions turned out to be a major missed tax-planning opportunity.
As per a report of 24/7 Wall St, a woman retired at 64 with $380,000 in a traditional 401(k). For the next nine years, she had no wages, no pension and had not yet started collecting Social Security.
