Common Misinformation about Taxes in Retirement

Income tax has essential implications on one’s quality of life in retirement, and there are a few pieces of common misinformation about taxes in retirement. Misinformation about income tax before or during retirement could become an expensive mistake to a retiree. Often this misinformation leads to miscomputations and, upon realization, your retirement plan is thrown in disarray. Here are some of the common miscomputations about taxes in retirement:

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