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For decades, the default financial wisdom told us to sock money away in tax-deferred
accounts like IRAs and 401(k)s. And while those accounts are powerful, they can also
create a ticking tax time bomb if you’re not strategic about withdrawals. Add in the
impact of massive government spending during COVID, and it’s clear: the tax landscape
in retirement is shifting.
If you're nearing retirement or already there, this isn't just about saving more—it's
about keeping more. So, let’s dive into three things you can do now to reduce your tax
burden and increase your financial freedom in retirement.
Call Chris Longworth and the team at The Financial Education Group at 800-719-7917 or visit wealthdefender.com.
See omnystudio.com/listener for privacy information.
By Chris LongworthFor decades, the default financial wisdom told us to sock money away in tax-deferred
accounts like IRAs and 401(k)s. And while those accounts are powerful, they can also
create a ticking tax time bomb if you’re not strategic about withdrawals. Add in the
impact of massive government spending during COVID, and it’s clear: the tax landscape
in retirement is shifting.
If you're nearing retirement or already there, this isn't just about saving more—it's
about keeping more. So, let’s dive into three things you can do now to reduce your tax
burden and increase your financial freedom in retirement.
Call Chris Longworth and the team at The Financial Education Group at 800-719-7917 or visit wealthdefender.com.
See omnystudio.com/listener for privacy information.