Avoid These Tax Mistakes When Taking Retirement Money

A retiree's main tax strategy is to itemize tax deductions, but that tax strategy only goes so far. Understanding how to pay less tax in retirement involves more than itemizing tax deductions.

Creating a retirement income strategy that blends many different types of accounts can go a long way in helping you pay less tax in retirement.

This video will break down three main themes:

1) The three types accounts and how they are taxed
2) How we are traditionally taught to pay less tax and the flaws with conventional strategies
3) How to create a better retirement income strategy with the intent of paying less tax in retirement

Overall, when it comes to understanding how to reduce taxes in retirement, doing some tax planning for retirement can go a long way.

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Видео Avoid These Tax Mistakes When Taking Retirement Money канала Derek Mazzarella, CFP®