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10 Questions Retirees Often Get Wrong About Taxes in Retirement

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Thu, Apr 8, 2021 10:14 AM

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Plus: How 10 Types of Retirement Income Get Taxed GREAT TIPS FOR YOUR RETIREMENT You worked hard to

Plus: How 10 Types of Retirement Income Get Taxed [VIEW IN BROWSER]( [Kiplinger Special Report]( GREAT TIPS FOR YOUR RETIREMENT [10 Questions Retirees Often Get Wrong About Taxes in Retirement]( You worked hard to build your retirement nest egg. But do you know how to minimize taxes on your savings? Plus: [How 10 Types of Retirement Income Get Taxed](. [READ MORE]( [14 Social Security Tasks You Can Do Online]( Why visit a government office to get your Social Security business done? You can do much of that online. Plus: [What's My Social Security Full Retirement Age?]( [READ MORE]( SPONSORED CONTENT FROM LENDINGTREE [Lock in a 1.99% APR Refi Rate Before The Fed Meets]( [These are Your 3 Financial Advisors in Your Area]( These rates won’t stay like this forever, so act now. Even if you’ve only been in your home for a few years, it’s worth at least looking into. Make lenders compete for your business! [READ MORE]( [Where Can I Cash My Stimulus Check?]( If you don't have a bank account, here are a few check-cashing options to consider if you receive a paper stimulus check in the mail. Plus: [Where's My Stimulus Check? Use the IRS's "Get My Payment" Tool to Get an Answer](. [READ MORE]( [Turning 60? Ask Yourself These 4 Important Questions]( Retirement is an exciting milestone, and planning becomes even more crucial once you get within a few years of saying goodbye to your career. As we turn 60 and inch closer to retirement, there are important questions to answer, writes Tony Drake, founder and CEO of Drake & Associates. Plus: [Your Guide to Roth Conversions](. [READ MORE]( [How to Take a Pension: A Math Formula Drives 1 Retiree’s Choice]( Ever hear of the pension income ratio? This mathematical formula can help you decide whether it makes more sense to take a lump sum or a series of pension payments, according to Michael Aloi of Summit Financial. Plus: [One Size Doesn't Fit All with Pension Payout Options](. [READ MORE]( SPONSORED CONTENT FROM DOMINI IMPACT INVESTMENTS [Get Tax Relief While Investing Responsibly]( Invest in the right mutual fund, and you become more than an investor; you become part of a community of caring individuals who come together to make an impact based on shared values. [READ MORE]( ALSO ON KIPLINGER [You're Asking the Wrong Financial Questions: Here's How to Fix That]( [14 Reasons You Will Regret an RV in Retirement]( [Don’t Let Retirement Planning Faze You: What to Focus on in Each Phase]( [Kids Not Ready for Their Inheritance? Consider a Private Foundation]( [Sign Up Free for Kiplinger Today -- Timely Tips to Make and Keep More of Your Money Every Day]( [Kiplinger] [Facebook]( [Twitter]( [LinkedIn]( Send this to a friend. [Click here.]( All content ©2021 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 1000 Washington, D.C. 20005 Thank you for subscribing to our free Retirement e-newsletter, your guide to planning and enjoying a financially secure and richly rewarding retirement. If you ever wish to stop receiving this service, please [click here to unsubscribe](.

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