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Episode 19: 10 Things Retirees Often Get Wrong About Taxes (Part 2)

May 13, 2021

We want you to pay lots of taxes, but none that you do not have to legally pay. In the entire scope of a 20-to-30-year retirement, most want to pay the lowest amount of taxes possible. However, here are 10 things retirees often get wrong about taxes!

Here are just a handful of the things that we'll discuss:

3. ROTH IRAs -What? No taxes when the money comes out?
4. ANNUITIES are taxed in different ways depending on whether they are Qualified (IRAs) or Non-Qualified accounts.
5. RMDs now start at 72. That’s Required Minimum Distribution

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