Ep 102: 7 Pre-Retirement Tax Questions in 2023

<p class="MsoNoSpacing"><span style="font-size: 14pt;"><span style= "font-family: Arial, sans-serif;">Retirement can come with a lot of tax questions and concerns. From understanding the tax implications of withdrawing from your retirement accounts to minimizing taxes on investment income, it can be overwhelming.</span> <span style= "font-family: Arial, sans-serif;">In today’s episode,</span> <span style="font-family: Arial, sans-serif;">we’ll break down the 7 tax questions that people approaching retirement are asking.</span></span></p> <p class="MsoNoSpacing"> </p> <p class="MsoNoSpacing"><span style= "font-size: 14pt;"><strong><span style= "font-family: Arial, sans-serif;">Here are a few lessons that we’ll discuss in this episode: </span></strong></span></p> <ul> <li class="BodyA" style="font-size: 14pt;"><span style= "font-size: 14pt; line-height: 107%; font-family: Arial, sans-serif;"> What are the tax implications of withdrawing money from different retirement accounts? <strong>(4:16)</strong></span></li> <li class="BodyA" style="font-size: 14pt;"><span style= "font-size: 14pt; line-height: 107%; font-family: Arial, sans-serif;"> Does the taxation of my pension income differ from other forms of income? <strong>(6:11)</strong></span></li> <li class="BodyA" style="font-size: 14pt;"><span style= "font-size: 14pt; line-height: 107%; font-family: Arial, sans-serif;"> Your Social Security benefits might be taxed<strong>. (7:39)</strong></span></li> <li class="BodyA" style="font-size: 14pt;"><span style= "font-size: 14pt; line-height: 107%; font-family: Arial, sans-serif;"> How will my taxes change if I move to another state in retirement? <strong>(13:47)</strong></span></li> <li class="BodyA" style="font-size: 14pt;"><span style= "font-size: 14pt; line-height: 107%; font-family: Arial, sans-serif;"> Should I do a Roth conversion now or wait until retirement? <strong>(21:31)</strong></span></li> </ul> <p class="BodyA" style="margin-bottom: 0in; mso-pagination: none;">  </p> <p class="BodyA" style="margin-bottom: 0