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The focus of this article is the relationship that exists between Social Security benefits and IRA, 401k and other tax-deferred retirement accounts. It explains that the decisions regarding when a person decides to start receiving money from one of these sources will impact the other. Understanding this relationship can potentially impact taxes in a major way.
Excerpt:
This can mean that the dollars you receive from your IRA might be identical to the amount you receive from Social Security, but after taxes you could be left with more from Social Security to spend on your retirement lifestyle.
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ARTICLE / NEWSLETTER / BLOG POST / HANDOUT
Use Microsoft Word to edit this document in any way you like. It’s easy to insert your photo or logo, include your contact information and edit the contents of this article. Print copies or post to your website.
The focus of this article is the relationship that exists between Social Security benefits and IRA, 401k and other tax-deferred retirement accounts. It explains that the decisions regarding when a person decides to start receiving money from one of these sources will impact the other. Understanding this relationship can potentially impact taxes in a major way.
Excerpt:
This can mean that the dollars you receive from your IRA might be identical to the amount you receive from Social Security, but after taxes you could be left with more from Social Security to spend on your retirement lifestyle.
Download it now, take a look, and edit it to make it your own.
THANKS TO OUR SPONSOR YOU CAN DOWNLOAD THIS ITEM BELOW
The document will download in Protected View. To edit open in Microsoft Word, select FILE from top menu, select INFO from blue bar on left and click ENABLE EDITING.
This document has NOT gone through any form of compliance review. It is your responsibility to get approval from the appropriate entities prior to use with the public.
The document will download in Protected View. To edit open in Microsoft Word, select FILE from top menu, select INFO from blue bar on left and click ENABLE EDITING.
This document has NOT gone through any form of compliance review. It is your responsibility to get approval from the appropriate entities prior to use with the public.