5 Tax Traps That Can Destroy Your Pension in Retirement
Joe Knows Retirement · Joe Schmitz Jr.
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
If you have a pension, taxes may be the biggest expense of your retirement, and most people don't see it coming. In this episode, Joe breaks down the five biggest tax considerations pension retirees must plan for, including required minimum distributions, Social Security taxation, state taxes, widow's penalty, and when Roth conversions actually make sense. These strategies are especially critical for retirees with a pension and $1M+ saved, where higher income often means higher lifetime taxes if planning is done incorrectly.
🎥 Subscribe to our YouTube channel: https://bit.ly/430T9Lv
📚Get a FREE copy of Joe's book "I Hate Taxes": https://keap.page/bsd964/toolkit-podcast.html
🟥 Read our latest article featured in Kiplinger: https://www.kiplinger.com/retirement/retirement-planning/are-you-being-tax-smart-about-your-pension
📞 Schedule a call with our team: https://peakretirementplanning.com/schedule-a-meeting/