Simple Strategies to Cut Taxes in Retirement

Key Points Lowering taxes in retirement could boil down to the right strategies. Choose tax-efficient investments and be strategic with your RMDs. Know your tax credits and deductions, and delay income that adds to your tax bill. Investors rethink 'hands off' investing and decide to start making real money For many retirees, taxes don’t disappear once the paychecks stop; they simply change form. Withdrawals from retirement accounts, Social Security benefits, required minimum distributions, and ev ...