business
A $2.5 Million 401(k) at 73 Can Still Cost You Six Figures Without These 3 Moves
Key takeaways
- IRMAA surcharges add over $4,870 yearly in Medicare premiums once household MAGI clears $218,000, and a two-year lookback means past income decisions drive today s costs.
- Qualified Charitable Distributions of up to ~$111,000 in 2026 satisfy RMDs without entering AGI, making them the highest-leverage tax move available to charitably inclined retirees.
- Many financial professionals are salespeople paid on what they push, not whether you end up wealthier.
A $2.5 Million 401(k) at 73 Can Still Cost You Six Figures Without These 3 Moves Marc Guberti Sat, June 13, 2026 at 10:24 PM GMT+7 5 min read Quick Read A $2.5 million traditional 401(k) forces $94,340 in annual RMDs at age 73, pushing married couples near the 24% tax bracket before any other income.
IRMAA surcharges add over $4,870 yearly in Medicare premiums once household MAGI clears $218,000, and a two-year lookback means past income decisions drive today s costs.
Qualified Charitable Distributions of up to ~$111,000 in 2026 satisfy RMDs without entering AGI, making them the highest-leverage tax move available to charitably inclined retirees.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop