Why Retirees With $1.4 Million in a 401(k) Are Moving to Costa Rica Before Their First RMD at 73

Why Retirees With $1.4 Million in a 401(k) Are Moving to Costa Rica Before Their First RMD at 73

The post Why Retirees With $1.4 Million in a 401(k) Are Moving to Costa Rica Before Their First RMD at 73 appeared first on 24/7 Wall St.. $1.4M traditional 401(k) triggers $52,830 RMD at 73, producing $11,623 federal tax that evaporates with Costa Rica residency Drop Medicare Part B before RMD begins to eliminate IRMAA surcharges up to $6,936 annually per person Are you ahead, or behind on retirement? SmartAsset's free tool can match you wit…