Top Tax Moves to Make Near Retirement

Lots of tax law changes have been proposed, and while that uncertainty looms, making wise tax decisions now is even more important. However, there is no time in life where critical tax planning is more vital than when nearing retirement. What are the top tax moves to make as you near retirement? Our answers and more in this episode of The Wise Money Show.

Season 7 Episode 8

Have a question for the show? Call or text 574-222-2000 or leave a comment!

Be sure to stay up to date by following us!

Want more Wise Money™?

Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC.  Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

Intro: (0:00) 
Segment 1: (0:11) 
Break 1: (9:27) 
Segment 2: (13:12) 
Break 2: (22:29) 
Segment 3: (24:42) 
Break 3: (34:03) 
Segment 4 (34:26) 
Outro: (47:25)

[brandonnicholas]

Investing in bitcoin is the best investment anyone can do this seasons, because bitcoin investment made a lot of people millionaires

[davidfolts]

While not the best, without the A.C.A., few could afford to retire before sixty-five unless retiring with retiree healthcare. And how many are offered that?

[tricialeininger]

Would it be wise to jump into the 22% bracket if you find yourself always near the top of the 12% bracket?

[matthewmaurin]

Didn’t realize y’all were gonna answer my question live on air, thanks.

[Tikenator]

You guys are great. I appreciate the content. I watch all your videos. Very informative. Thank you!

[straitjacketstudios]

Would it be possible to retire early, sign up for an exchange medical plan that contains an HSA, and then still contribute pretax from a side hustle for example while in your retirement.? If so how would this be executed?

[bhaley]

A while ago I captured 10, 000 from dodge coin and I was wondering if I could offset that with my 403B account the losses of it is that possible