IRS Woes: Don't Let Taxes Derail Your Retirement Plans
Submitted by IC360® Investment Capital on December 16th, 2021All United States citizens are subject to income tax from the federal government, even those who are retired. Living on a fixed income in retirement can be difficult, so it’s important to plan accordingly for how you will be taxed to get an accurate picture of your financial health.
Here’s what you need to know about taxable income in retirement.