What Physicians Retiring in the Next 5 Years Are Doing With Their 401(k)s Right Now

A hospital-employed physician at 58 with $2 million in a 401(k) and a $150,000-per-year pension faces a retirement tax problem most planning guides miss. The pension creates a permanent income floor that compresses the window for Roth conversions, limits control over taxable income in early retirement, and nearly guarantees IRMAA surcharges once RMDs begin. The ... What Physicians Retiring in the Next 5 Years Are Doing With Their 401(k)s Right Now