SPECIAL: Guide to Taxes on Retirees

Prosper with Kiplinger's daily digest of timely, trusted advice [View in browser]( [Prosper with our daily digest of timely, trusted advice]( DECEMBER 28, 2018 [10 Least Tax-Friendly States for Retirees]( [10 Least Tax-Friendly States for Retirees]( Retirees living on a fixed income need to be especially sure that they're minimizing their tax bills and holding onto as much wealth as possible. Unfortunately, that's tough to do in these states -- they impose the highest taxes on retirees. Plus: [All 50 States Ranked for Retirement](. [READ MORE]( [9 IRS Audit Red Flags for Retirees]( Odds are generally pretty low that your return will be picked for review. That said, your chances of being audited or otherwise hearing from the IRS escalate for retired taxpayers who do the following things. Plus: [The Most-Overlooked Tax Breaks for Retirees](. [READ MORE]( SPONSORED CONTENT FROM PERSONAL CAPITAL [Retirement Savings Risks Many Investors Overlook]( [Retirement Savings Risks Many Investors Overlook]( A big market downturn early in retirement can be one of the scariest things an investor will face. "Sequence risk" has the most impact when you're taking money out of your portfolio at the same time that its value is declining. So, it puts you in danger of running out of money. [READ MORE]( [37 States That Don't Tax Social Security Benefits]( You might find big tax savings if you relocate to retire in one of these states. (Just remember to weigh all state taxes when researching the best places to retire.) Plus: [9 States With the Scariest Death Taxes](. [READ MORE]( [How 10 Types of Retirement Income Get Taxed]( Most forms of retirement income -- including Social Security benefits, as well as withdrawals from your 401(k)s and traditional IRAs -- are taxed by Uncle Sam. Discover how much. Plus: [10 Smart Steps to Minimize Taxes and Penalties on Your RMDs](. [READ MORE]( [How Well Do You Really Understand Annuities?]( An annuity may be the answer for retirees looking to replace disappearing sources of guaranteed retirement income like pensions. Take our 10-question quiz to see how much you know about annuities and whether you should invest in them. Plus: [How Income Annuities are Taxed -- and Why](. [READ MORE]( [10 Most Tax-Friendly States for Retirees]( These 10 states impose the lowest taxes on retirees, according to exclusive 2018 analysis of state taxes by Kiplinger. Plus: [Kiplinger's State-by-State Guide to Taxes on Retirees](. [READ MORE]( [13 Retirement Tips for Snowbirds]( Never want to shovel snow after you retire? You're not alone. And you can follow plenty of migratory paths toward a warm-weather retirement destination. Successful snowbirding simply takes preparation and smart planning. Plus: [10 Things You Must Know About Retiring to Florida](. [READ MORE]( Sponsored Financial Content [dianomi]( [Kiplinger] [Facebook]( [Twitter]( [Link In]( [Google+]( [Tumbler]( Send this to a Friend. [Click here.]( | Not a Subscriber Yet? [Click here.]( All content ©2018 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 750 Washington, D.C. 20005 Welcome to Kiplinger Today, a weekday e-mail service that replaces many of our previous alerts. We hope you enjoy it. If you do not wish to receive this daily service, please [click here to unsubscribe.](