One often-overlooked aspect of retirement planning is the impact taxes can have on your retirement years. Contrary to popular belief, retirement doesn't mean escaping taxes; it means understanding and strategically managing them. The first step is to understand the different areas where you can be taxed. Join Tom in this eye-opening session as he sheds light on the impact of Employment, Social Security, and Medicare taxes on your golden years. Learn about the lurking threat of "Bracket Creep," understand how you could be impacted by Capital Gains and grasp the significance of Required Minimum Distributions (RMDs). Tom provides valuable insights into identifying potential tax burdens and outlines actionable solutions so you can prepare a plan and potentially lessen the impact of taxes in your retirement. ย If youโd like to secure your own free Tax Report & see the taxes you may encounter in retirement, give us a call at (855)567-0933. ย Jump to a segment using the ๐๐ถ๐บ๐ฒ๐๐๐ฎ๐บ๐ฝ๐ ๐ฏ๐ฒ๐น๐ผ๐! ๐ ย TIMESTAMPS 00:00 Intro: Discover the potential taxes in retirement. 00:42 Unveiling Employment/Payroll Tax intricacies. 01:15 Beware of the tax bracket jump with Bracket Creep. 02:05 Social Security Taxes 02:34 Medicare Taxes & Two Year Look Back 03:33 Navigating Capital Gains on Stocks, Home Sales, Business Transactions. 04:45 Understanding Required Minimum Distributions (RMDs) Tax implications. 05:35 Recap of Key tax considerations for retirees. 05:55 Solutions to strategically minimize your tax burden. 07:00 How to secure a Tax Report/Plan 08:24 Conclusion ย Have specific questions for Tom and the team at Mosley Wealth Management? Book a complimentary visit here ๐ https://mosleywealthmanagement.com/contact/ OR Schedule a 15-min phone call with a member of our team here: https://calendly.com/easeintoretirement/complimentary-15-min-phone-call-with-tom-mosley ย ==================================== If you enjoy this content, please ๐๐๐๐๐๐๐๐๐, ๐ฅ๐ข๐ค๐, ๐จ๐ซ ๐ฌ๐ก๐๐ซ๐! ==================================== โญ ๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐โญ - Facebook: https://www.facebook.com/mosleyeaseintoretirement - Instagram: https://www.instagram.com/easeintoretirement/ - LinkedIn: https://www.linkedin.com/company/mosley-wealth-management ย #retirementtaxes #retirementincome #retirementplanning #Bracket Creep #SocialSecurityTaxes #MedicareTaxes #CapitalGainsinRetirement #CapitalGains #UnderstandingRMDs #RequiredMinimumDistributions #investing #financialadvisor #SocialSecurity #TaxReport #TaxesinRetirement ย DISCLOSURE: Investment advisory services offered by duly registered individuals through Mosley Wealth Management, Inc. (โMWMโ). MWM and Mosley Insurance and Financial Services are affiliated companies by common ownership. License # 0K76766 Investing involves risk, including the potential loss of principal. Any references to protection, safety, or lifetime income, generally referred to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength claims paying abilities of the issuing carrier. This content is intended for informational & educational purposes only. It is not intended to be used as the sole basis for financial decisions nor should it be construed as advice designed to meet the particular needs of an individual situation. All hypothetical examples are provided for illustrative purposes only; they do not represent real life scenarios. Mosley Insurance & Financial Services nor its agents or representatives may not give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any investment decisions. Our firm is not affiliated with or endorsed by the US government or any governmental agency. Some of the information provided may be from one or more third parties which we believe to be reliable sources, but accuracy and completeness cannot be guaranteed by Mosley Insurance & Financial Services.