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Strategies To Mitigate Tax Risks In Retirement
Manage episode 429191595 series 3561292
Innhold levert av Impact Partnership and Abe Abich. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Impact Partnership and Abe Abich eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
Preparing for a financially secure retirement requires careful planning and guidance. Some people have saved one to five million dollars for retirement, which can be enough to live comfortably if managed properly.
However, it's important to have a comprehensive plan that goes beyond just investments. This includes considering income and distribution strategies, tax planning, and estate planning.
Abe discusses a common challenge of dealing with required minimum distributions (RMDs) and the potential tax implications. Strategies such as delaying RMDs and Roth conversions can help mitigate these risks.
Ready to get a second look at your retirement plan? Visit TheRetirementKey.com today!
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