Learn how to Cut Out The Tax Man In Retirement
Uncle Sam is licking his chops right now.
He can’t wait for you to retire.
He plans on taxing you at every turn.
Taxes on your IRA and 401k distributions
Taxes on your investment income
Taxes on your social security
Taxes on retirement savings as they pass down
While, unfortunately, there is no way completely around the “Big Two”, death and taxes, there are ways to legally soften the tax man’s bite.
This article describes some of the obstacles you face and some tax smart solutions to generate more income for you and your spouse while you’re still alive. Then, potentially, allowing you to pass on more for your heirs after you “get your wings”, and less to the tax man.