Top Ideas for Curtailing Taxes in Retirement
Retirees enthuse about maximizing deductions, limiting taxable income and capital gains, and the virtues of tax-preparation software.
When you're working and earning a paycheck, your tax bill, for the most part, is what it is. Sure, you can pick up credits and deductions here and there as well as take steps to limit income distributions from your investments. But for the most part, the income taxes you'll pay are based on your salary, and there's not a whole lot you can do to meaningfully lower them.
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