The Retirement Solution

Ticking Tax Time Bomb: Strategies That May Reduce Your Taxes in Retirement


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Are you among the many Americans unaware of the tax consequences that may be looming within your retirement savings?

 

In this episode, Jon discusses the importance of understanding the tax implications of your retirement savings. He highlights the issue of required minimum distributions (RMDs) from traditional IRAs and 401(k)s, and how they could push you into a higher tax bracket, but strategies like Roth conversions could help ease these burdens.

 

For small business owners, landowners, and those contemplating the sale of assets, Jon discusses tax-saving strategies that may reduce your tax liability. Whether you're dealing with large land sales or considering the sale of a business, these insights could save you a significant amount.

 

Don't wait until you're hit with a massive tax bill; start planning now. Connect with Jon and his team at J Hagan Capital to explore what solutions may be available to you.

See omnystudio.com/listener for privacy information.

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The Retirement SolutionBy Jon Hicks

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