The video below and the creator keep showing up on my feeds. He talks about using a k1 to eliminate taxes on a 401k. I realize this is likely BS but want to understand what is wrong with this thinking so I can put this out of my mind without feeling like I’m missing an opportunity.
https://www.tiktok.com/t/ZTh82abtb/
K1 conversion. Tax savings or nonsense
byu/fsa317 infinancialindependence
Posted by fsa317