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Episode 39: Taxes in Retirement – Surprises, Pitfalls and Opportunities

Jul 28, 2023

In this episode, Katie discusses avoiding tax surprises and maximizing pleasant ones in retirement.

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

  • Taxes could significantly impact retirement savings – planning is key to manage future payments
  • Retirement may not lower tax burdens – factors like Social Security benefits and Medicare premiums affect tax obligations
  • Surprises such as the “Widows Tax Penalty”, and inflation can impact financial stability in retirement
  • Benefits of tax planning include possibly avoiding capital gains tax and optimizing Roth IRA distributions
  • Collaborating with a Financial Architect can help navigate tax complexities, minimize unpleasant surprises, and maximize retirement savings

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