Pre-Retirees often don't understand how ta xes work in retirement\, but they're acutely aware of the size of their ta x bill each year. \; In retirement\, your tax rate may vary widely ove r the years based on timing and order in which you use different sources o f money to pay for your living expenses. You want to apply the tax code in an organized and efficient way.
\nYou need a retirement tax strateg y that will:
\nIdentify the types of taxes you will face at various
stages
Address how taxes impact Social Security and Medicare
Pla
n when to tap different accounts so you don't overpay taxes
Attend th
is educational talk and you will learn:
The surprises that often m
ake retirement more expensive
What the "Social Security Tax Trap" is
and how you can avoid it
Why tapping assets in the wrong order can tr
igger higher Medicare premiums
Why you need to manage taxes even befo
re you retire
The four stages of retirement and important tax actions
in each stage\, including tricky IRA challenges
Mistakes to avoid wh
en it comes to your investment portfolio\, health care\, and estate