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There is no need to pay more in income taxes than is absolutely necessary. Good planning can avoid paying any federal income taxes on your 401k withdrawals or at worst, paying a much lower percentage.
Retired persons earn lower income and much of Social Security income is not taxable. This allows retired persons to earn more meaning add to your earnings deductions from your 401k. Listen as we discuss how to drain that 401k and pay as little in federal income tax as possible.
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Disclaimer: This podcast is for informational purposes only. It should not be taken as financial, tax, or legal advice. Please consult a professional before making financial decisions.
Keywords: Big Beautiful Bill 2025, Social Security changes, retirement taxes, small business incentives, retirement planning, Medicare and seniors, financial security in retirement, small business growth strategies.
