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  • Writer's picturePace Accounting

Retirement can be Taxing!

During retirement, the tax burden can become very complex. Without proper planning you could be paying thousands you do not have to. Watch this video that talks about four key areas to help you plan.

1. Check Social Security earnings every year.

2. Plan for tax-advantaged withdrawals.

3. Create an Annual Distribution Plan

4. Avoid costly errors and penalties for required withdrawal amounts.

Planning and maintaining a tax-smart retirement income plan can be complex. Forget to account for one and your taxes can rise dramatically.
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