In the News

Title

8 Tips to Lower Your Taxes During Retirement

Document Type

Article

Publication Date

3-20-2013

Abstract

When you leave the workforce and give up a paycheck, life seems grand – endless free time, no more alarm clocks, and lower tax rates – or so it seems at first. Even if you’re raking in over a million dollars in retirement savings a year, you won’t have to pay Social Security and Medicare taxes, and some states don’t tax such income either.