As you tally up what your income in retirement may look like (or already is), don’t forget to account for taxes. This video discusses how some of your primary sources of retirement income are taxed and 5 strategies to help reduce those taxes and keep more of your income with you vs. going to the IRS.
Tag: tax free income
Is it better to contribute to the 401(k) or Roth 401(k)? The Roth 401(k) could offer great benefits like tax-free growth & future tax-free income. But which is more tax-efficient for you and your future? In this video I talk about the differences between the 401(k) vs. Roth 401(k) and which may be better for you to save in.