Don’t let the chances of higher taxes in the future sink your retirement income plan! Taxes eat up a lot of your income during your working years. Now the question is, what can we do to help reduce these taxes during your retirement year? 

There are many tax deductions and credits available to people who save up for retirement. However, you could induce tax penalties if you don’t use these accounts precisely. In this episode, Criss Crombie will continue to send you tips on minimizing taxes on your retirement savings. Criss also navigates into two simple strategies to reduce taxes on the money you’ll use for retirement. Helping you realize a noticeable difference between not having and having a system along the way.

What You’ll Learn in This Episode:

[1:55] Drawing from your assets

[7:24] The No Tax Reduction Strategy

[8:12] What is provisional income?

[10:07] You don't have to be a millionaire to take advantage of tax strategies.

[19:37] How to reduce your tax burden by making developments in your retirement plan.

Key quotes:

Links/Resources:

AnnuityStraightTalk.com