Taxes in Retirement: Why Your Bill May Go UP скачать в хорошем качестве

Taxes in Retirement: Why Your Bill May Go UP

http://silasandward.com Thinking your taxes will drop in retirement? In this episode of Right on the Money, host Dennis Mattern talks with Fred Griffin, Founder & CEO of Silas and Ward Financial Group, about taxes in retirement that retirees may not have planned for—especially federal employees. From stacking income streams (pensions + TSP/IRAs + part-time consulting) to choosing the right survivor benefit and navigating WEP/GPO impacts on Social Security, Fred lays out practical moves to help keep more of what you’ve earned. If you’re within 5–10 years of retirement—or already there—don’t let the IRS take the first bite of your nest egg. Hit Play to discover how to structure withdrawals, strategize against potential mistakes, and build a tax-efficient income plan you won’t outlive. Then Like & Subscribe so you never miss a money-saving episode. Watch now to discover: • Why your retirement income can equal—or exceed—your working income • How Roth vs. Traditional choices change your tax bill in retirement • The survivor benefit election that can protect your spouse’s income 3 Key Takeaways 1. Plan for higher taxes, not lower rates, and income sources can push you up brackets. 2. Understand WEP/GPO—pensions that didn’t pay into Social Security can shrink your benefit. 3. Get elections right the first time—TSP withdrawals and survivor benefits can be one-and-done decisions. Take control of your retirement tax bill—watch now. Disclosure: Licensed Insurance Professional. Respond and learn how insurance and annuities can positively impact your retirement. This material has been provided by a licensed insurance professional for informational and educational purposes only and is not endorsed or affiliated with the Social Security Administration or any government agency. It is not intended to provide, and should not be relied upon for, accounting, legal, tax, or investment advice. Silas and Ward Financial Group does not provide legal advice or tax planning recommendations. The information contained herein is based on our understanding of current tax law. The tax and legislative information may be subject to change and different interpretations. We recommend that you seek professional tax advice for applicability to your personal situation.