Taxes That You Will Need to Pay in Retirement and Strategies to Reduce Taxes

Being Aware of Taxes That You Will Need to Pay in Retirement and Strategies to Reduce Taxes: This lesson broadens the discussion of retirement income beyond just RMDs. It educates participants on all potential sources of taxable income, including Social Security benefits, pension payments, and investment gains. The lesson will provide a strategic framework for managing these various income streams, introducing techniques like tax-loss harvesting and a preferred withdrawal order from different account types to effectively manage their tax bracket.

Resources draft 

How is social security taxed

https://www.kiplinger.com/taxes/will-you-get-a-surprise-tax-bill-on-your-social-security-benefits