In today’s episode, we’ll break down the top ten tax questions retirees are asking in 2023. Before you file your 2022 taxes and plan ahead for the rest of the year, make sure to listen to this episode as we’ll discuss some important tax questions that retirees should ask themselves to ensure they're making the most of their retirement savings and minimizing their tax burden.
Here are some of the tax topics we’ll discuss in this show:
- What are the tax implications of withdrawing money from your retirement accounts? (1:30)
- How will the SECURE Act 2.0 impact your retirement income and taxes? (4:04)
- How will your taxes change if you decide to move to another state in retirement? (8:15)
- If you want to give money to your children or grandchildren, what are the tax considerations? Can you still contribute to an IRA in retirement and still get a tax deduction? (12:41)
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If you have any questions, you can contact us online here: https://cravitzfinancial.com/
Email: ryan@cravitzfinancial.com
Call: 714-462-9155
Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM) a Registered Investment Advisor. Cravitz Financial & Insurance Solutions are independent of each other. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Ryan Cravitz and Cravitz Financial & Insurance Solutions are not affiliated with or endorsed by the Social Security administration or any other government agency.
