Divorce Settlement Mistake Costing Retirees Thousands
A growing pattern in divorce settlements is eroding retirees' retirement savings, with home equity favored over tax-a...
tax-strategy
Explore tax-strategy topics with four articles that explain retiree tax tips, saving strategies, and planning realities. Learn practical steps to lower taxes and protect retirement income.
137 articlesA $1.4 Million 401(K) Just Quietly Taxed Social Security
A retirement couple with a $1.4 million 401(K) saw 85% of their Social Security taxed due to long-standing income thr...
Think Roth Best? Reasons to Avoid One in Retirement
Roth IRAs are popular for tax-free growth, but they’re not the perfect fit for everyone. Here are three practical rea...
Retirees Realizing Million Nest Shrinks Spending Realities
A typical $1 million nest egg may translate to roughly $28k of discretionary annual spending after taxes, Medicare, a...
Million 401(K) Quietly Trigger Hidden RMD Taxes Unveiled
Retirees with a $2 million 401(K) who buy a QLAC may shift their RMDs, potentially triggering higher tax rates and Me...
Why High-Earning Pilots Should Delay Roth Conversions
A growing number of high-earning pilots are reconsidering when to convert 401(k) funds to a Roth. Experts warn that r...
73-Year-Old with $2.4 Million Saw Medicare Premium Doubling
A high-net-worth retiree confronts a doubled Medicare Part B premium after a two-year IRMAA lookback on an IRA withdr...
64-Year-Old with $1.1 Million Drains 401(k) for 8% SS Bump
A 64-year-old with $1.1 million drains a 401(k) to delay Social Security, betting on a guaranteed 8% annual bump. The...
Retirees 11-Year Window to Convert to Roth Opens Wide
An 11-year retirement window lets savers move traditional IRA funds to a Roth with historically low tax brackets, yet...
Your Dividend Yield Isn’t Your Income: Tax Take Today
Two retirees withdraw the same amount from $2M portfolios, but after federal and state taxes they diverge sharply. Th...
Found Delay RMDs, Keep More Untaxed Benefits After 69
A 69-year-old employee demonstrates a practical path to postponing required minimum distributions by remaining with h...
Uncomfortable Math: Million Nest Sparks Retirement Debate
A couple with a $2 million retirement stash sees take-home spending shrink to roughly $44,000 annually after taxes, h...