Retirement Tax Rip Off

Area: Business / Economics / Law | Created: Jan 6, 2010

Learn how the Government has fleeced the retirement community to believing that they have created benefits for you. We will review why you may pay more tax into retirement than you could ever imagine. We will review the Government’s method of lowering tax rates but excluding certain deductions that are most relative to retirees. All at the same time of changing the game with Social Security and Medicare. We will teach you how you may be paying taxes on tax free municipal bonds and even paying tax and penalties on your Social Security and Medicare.
Understand how the Government taxes you on Social Security and what you can do to reduce it. Learn how the Governments new Medicare Earning penalty works and how you can stay out of it. Understand that the health and medical deduction into retirement is almost never deductible and how you can use HSAs to potentially fully deduct all of your medical expenses
Learn how the odd/even year tax bunching strategy works to maximize y

• Learning Objective

  1)Understand how the Government taxes you on Social Security and what you can do to reduce it.
  2)Learn how the Governments new Medicare Earning penalty works and how you can stay out of it.
  3)Understand that the health and medical deduction into retirement is almost never deductible and how you

• Target Students

  Over the age of 55 or currently retired and paying income taxation.

• Level:

  Beginner

• Duration

  2 Hour(s)

• Tags

  Retirement, retirement planning, retirement investing, investing, 401-K, IRA, investing, tax, tax planning, financial planning, estate planning, ROTH, ROTH IRA, ROTH Conversion, retirement income