Retirees often don’t understand how taxes work in retirement. But they’re keenly concerned about the size of their tax bill each year. Learn what’s involved in creating a retirement tax strategy.
Do you know how tax planning changes through the four stages of retirement? It’s harder than you think and it needs careful planning. Find out how!
In retirement, your tax rate may vary widely over the years based on the timing and order in which you use different sources of money to pay for your living expenses. You want to apply the tax code in an organized and efficient way.
You need a retirement tax strategy that will:
1. Identify the types of taxes you will face at various stages
2. Address how taxes impact Social Security and Medicare
3. Plan when to tap different accounts so you don’t overpay taxes
Attend this webinar and you will learn:
- The critical tax question you must answer BEFORE retirement
- The surprises that often make retirement more expensive
- What the Social Security “tax trap” is and how you can avoid it
- Why tapping assets in the wrong order can trigger higher Medicare premiums
- Why you need to manage taxes even before you retire
- The four stages of retirement and important tax actions in each stage
- Mistakes to avoid when it comes to your investment portfolio.
Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/6316171245363/WN_LX0bpbqPQ6m7IMdpjBbMMA
Speaker
Peter F. Gaertner, CFP®, RICP®, CDFA™, MBA
Peter is a Senior Financial Advisor and community educator with Affinity Wealth Management. He has been holding workshops on various topics around retirement planning, tax planning, social security planning, estate planning via the Delaware Money School and libraries in Delaware. He has also taught Retirement and Estate Planning courses at Delaware State University and the University of Delaware's Lifelong Learning Center in years past. Peter is a Certified Financial Planner specialist, Retirement Income Certified Professional and Certified Divorce Financial Analyst and helps his clients with tax-efficient strategies throughout their retirement years among other financial planning strategies.