Common Pre-Retiree Tax Mistakes

Let’s talk about the different tax mistakes retirees are prone to make. Between changing rules and a lot of financial documents to manage, you’ll want to avoid these tax mistakes. Eric talks us through where people get tripped up and why. What you pay in taxes can make a significant impact on your nest egg, so be sure to work with a financial profes-sional who can help you navigate them in retirement. 

 

Here are the tax mistakes we discuss today:

• Forgetting the required minimum distribution. 
• Not understanding Social Security taxation. 
• Overlooking tax deductions. 
• Not utilizing tax-advantaged accounts properly. 

 

Get in touch with the Peterson Financial team: https://petersonfg.com/