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“The hardest thing to understand is the income tax.” — Albert Einstein
Ahhhh, taxes — a necessary evil in our American lives. They even follow you even into retirement. Those retirement accounts you’ve started drawing from, Social Security benefits you’re receiving and other income from accounts designed to support your lifestyle in retirement may be taxable.
While distribution planning would start before retirement in an ideal world, people who have already entered retirement can also greatly benefit from building a distribution strategy to pay less in future taxes. But where do you begin? An experienced financial professional can help you develop a tax-efficient approach designed to preserve your retirement assets, whether you’re already retired or you plan to work 10 more years.
Fill out the form below for your complimentary copy of our tax guide.