eggeeggjiew / Getty Images/iStockphoto Retirement should be a time to enjoy financial security and not stress over cash flow. That said, some common money mistakes may be putting boomers at risk. Trending Now: Here’s Why You Always Want to Know Your Net Worth, According to a Financial Expert Try This: 6 Clever Ways To Pocket an Extra $1K This Month Even those who have diligently saved for decades can run into trouble if they’re not managing their withdrawals, spending habits or investment strategies wise ...

Tax Policy Updates & Impacts - The 2017 Tax Cuts and Jobs Act has implications for federal income tax brackets, standard deductions, and state and local tax (SALT) deductions [1] - New federal and gift estate tax rates affect clients [1] - Changes to inherited IRA laws require potential heirs to be informed [1] Tax Management Strategies - Strategies for managing tax liability in retirement include withdrawal strategies, Roth conversions, and charitable contributions [1] - Estate planning strategies, such as annual gifts and the lifetime estate tax exemption, can help efficiently transfer wealth [1] - Fidelity suggests considering Roth conversions as a tax management strategy [1] - Tax-efficient withdrawal strategies are available for retirement income [1] - Trusts can be used to help manage taxes [1] Investment & Business Tax Considerations - Special tax considerations exist for small business owners [1] - Strategies can help reduce taxes on investment income [1] - Strategies can help reduce taxes on mutual fund shares [1] - Tax planning should be incorporated into wealth strategy [1]

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 ...

RT WSJ | Buy Side (@BuySideWSJ)Understand how retirement advisors help clients with retirement income planning, tax strategies and investment guidance.https://t.co/YrJtduCS9h ...

Wealth Management Fundamentals - Wealth management fundamentals include investment planning, tax strategies, and estate planning [1] Financial Empowerment - The report aims to empower individuals to take control of their financial future [1]