Tax Strategies for Your Retirement Income

Author: External Author | | Categories: Business Tax Preparation , Certified Public Accountant , Small Business Accounting , Tax Planning , Tax Resolution

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When you retire, your income usually flows from three possible sources: Social Security benefits, distributions from individual retirement accounts (IRAs) and retirement plans, and funds from savings and other investments. Depending on your income level, you may want to use certain tax strategies to minimize what Uncle Sam takes from you in retirement. Here are a few to consider.

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Original Article Source Credits:   Investopedia , https://www.investopedia.com/

Article Written By:  BARBARA WELTMAN

Original Article Posted on:  Nov 18, 2020

Link to Original Article:  https://www.investopedia.com/retirement/tax-strategies-your-retirement-income/



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