A new Presidential Administration tends to shake things up, including making changes to tax policies, which could have a huge impact on your retirement. Without a defensive tax strategy, your 401K, Social Security Benefits, and Investment Income could ALL get clobbered by taxes when you retire- leaving you a fraction of your retirement nest-egg.
In this episode, we will cover the countless ways you could trigger higher taxes in retirement, including:
- Withdrawing money from our IRA ad 401K
- Filing for Social Security
- Taking your Required Minimum Distributions (RMD’s)
- Managing stock dividends, and other investment income.
Host Ben Christy interviews Patrick Min, CPA, and founder of Beacon Accounting and Tax Services. Also joining the conversation is Beacon Capital Management’s Senior Partner and Co-Owner, Pete Benson, and COO and Co-Owner, Jon Maxson for this episode of the Beacon Retirement Strategies Radio Show: Taxes Under The New Presidential Administration and Your Retirement.