Tags Taxes

Tag: taxes

2021 Taxes for Retirees Explained

Qualified dividends tax rates are just something to keep in mind when tax planning, especially in retirement. How do I lower my 2021 taxes in...

2021 Taxes for Retirees Explained

Looking at all the charts above, it is clear to see that in comparison to years past we have pretty low tax rates. The Tax...

How Required Minimum Distributions Increase your Taxes in Retirement

What are RMDs?  RMDs, short for required minimum distributions, are the distributions the U.S. government requires from retirement accounts each year.  RMDs only kick in after...

How Every State Taxes Differently in Retirement

Retirement taxes in Alabama Alabama fully exempts Social Security retirement benefits and payments from traditional pension plans from income taxes.  Alabama has pretty high sales taxes,...

Selling your home in retirement? You might not have to pay taxes on the gain

What are Capital Gains? Capital gains are any profit you make when selling any capital asset you own. Most assets, from stocks to your house...

How do taxes change in retirement?

Retirement brings a lot of changes, one of the most significant being the way you are receiving your income. Instead of coming from your...

How do taxes change in retirement?

Retirement brings a lot of changes, one of the most significant being the way you are receiving your income. Instead of coming from your...
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