Two Neighbors Retired With $600,000 Each. His Is in a Roth. Hers Is in a 401(k). Only One of Them Actually Has $600,000
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Two neighbors retire with $600,000 each. His is in a Roth account, hers in a traditional 401(k), but the same balance masks different tax treatments that determine how much each can spend, how Social Security gets taxed, and whether the IRS requires withdrawals.
Where a $600,000 Balance Ranks Among Retirement Savers
A $600,000 account i
Two neighbors retire with $600,000 each. His is in a Roth account, hers in a traditional 401(k), but the same balance masks different tax treatments that determine how much each can spend, how Social Security gets taxed, and whether the IRS requires withdrawals.
Where a $600,000 Balance Ranks Among Retirement Savers
A $600,000 account i
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