Tyler? Yep. Looks like you'll be retiring with $3 million in your traditional IRA? Yep. Can't wait to get our hands on those required minimum distributions when you turn 72. Oh, no. I'll just marry a 20-year-old. No, we're talking about your taxes. Yep. And because I'll marry a 20-year-old, my required minimum distributions will be taxed at a much lower rate, because the IRS takes into account both my and my spouse's age. Wait, so if we were all to just do— I do not give advice, but it does have its tax advantages. I do not give advice, but it does have its tax advantages.

Explore smart retirement strategies, including required minimum distributions and tax advantages through marital status. Learn how to make the most of your traditional IRA.