In the News

Title

Ways to Lower your Taxes in Retirement

Document Type

Article

Publication Date

3-25-2015

Abstract

Retirees who file their taxes quarterly may feel like every season is tax season, but preparing for the April tax deadline is a good time to seek out new deductions and plan some strategies for the year ahead. You might be hitting a tax sweet spot, a period of relatively low income because you've retired but not yet started collecting Social Security or taking distributions from retirement accounts, even if you don't need to spend it right away.