August 13, 2020
How To Lower Your Tax Bill In Retirement
This week on the podcast, I’m talking about how to lower your tax bill in retirement.
If you are like 101% of Americans, you probably would like to pay less in taxes. So this week, I’ll be sharing with you 5 tax-smart strategies to help you lower your tax bill in retirement.
We’ll talk about how you can effectively utilize HSA and Roth accounts, as well as how to be smarter about asset location and withdrawal strategies in retirement to keep that tax bill low.
I’ll also share with you how you can be smarter about your donations by utilizing donor-advised funds, and how making donations directly from your IRA accounts in retirement could save you thousands in taxes!
Retirement is looming on your horizon, but you’re not sure your finances are ready. Subscribe to the One Minute Retirement Tip, where I break down the complexities of retirement into digestible daily doses to help you on your path to and through retirement.
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