<p>Is your pension benefit taxed? The short answer is: yes. But there are a lot fewer deductions taken out of your pay in retirement. When you retire, you're no longer paying into programs like Medicare and FICA which could result in you seeing more money.</p>

Is your pension benefit taxed? The short answer is: yes. But there are a lot fewer deductions taken out of your pay in retirement. When you retire, you're no longer paying into programs like Medicare and FICA which could result in you seeing more money.

Ep 30 - How fewer deductions in retirement can help

A large part of planning for the future starts with how you approach your finances today. Explore some of the basics of financial planning, tools for managing your money and ideas for sparking conversations with friends and family. Join Retirement System employees as they tackle the stigma around money and share their personal financial journeys.

Share Ep 30 - How fewer deductions in retirement can help

Sign up to save your podcasts

Ep 30 - How fewer deductions in retirement can help

Ep 30 - How fewer deductions in retirement can help

More shows like Fund Your Future with DRS

Wait Wait... Don't Tell Me!

Jill on Money with Jill Schlesinger

Money Matters by Allworth Financial

The Lazy Genius Podcast

ChooseFI | Financial Independence Podcast

Up First from NPR

NerdWallet's Smart Money Podcast

BiggerPockets Money Podcast

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Conan O’Brien Needs A Friend

Office Ladies

Seattle Now

Good Inside with Dr. Becky

Money For Couples with Ramit Sethi

Good Hang with Amy Poehler