FREE SEMINAR: Minimizing Taxes in Retirement

Minimizing Taxes in Retirement / August 22, 2023 10:00 am – 11:15 am $15 – Refunded at Check-In / NO CE Credit Instructor: Robert Cox REGISTER ONLINE For middle income and higher income households, taxes are likely to be one of your highest yearly expenses.  We explore how drawing down your IRAs or 401ks (voluntarily or thru RMDs)  creates taxable income thus making your Social Security Benefits more taxable (aka  The Social Security Tax Trap).

You will learn how the Provisional Income calculation will determine how much of your Social Security benefits are taxable . If you have 1 dollar in Provisional Income over a set amount, then 50% of your Household Social Security benefits are now taxable for that tax calendar year.  We demonstrate the value of a ROTH IRA and how if used correctly can mitigate the taxation of your Social Security Benefits.  Learn “Tax Bracket Harvesting” and how that is key to efficient ROTH IRA conversions. Also what happens when one spouse passes, and the tax/financial implications for surviving spouse.

This is an education-only course provided by Robert Cox,  RICP© CFF©    “The Retirement Educator” a Retirement Strategies Specialist and Certified Financial Fiduciary