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2. Suze Orman: Why Roth IRAs Are Your Best Defense Against The ...

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   Also called the Social Security "tax trap," the tax torpedo occurs when retirees encounter a cascade of tax consequences for their income and various retirement savings withdrawals.

3. 5 Common Retirement Tax Traps o Avoid at All Costs - AOL

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   Such traps may include taxes on Social Security benefits, Medicare surcharges, required minimum distributions (RMDs), real estate sales and […] The post How to Avoid 5 Common Retirement Tax ...

4. Beware of the Tax Traps in Retirement - AOL

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   The stage is set for higher tax bills and surcharges for retirees, if they’re not careful. From RMDs to taxes on Social Security and higher Medicare premiums, watch out for these three traps.

5. 7 Things Retirees Need To Know About Filing Income Tax Returns

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   You might be retired, but that doesn’t mean you’re free from Uncle Sam.Although you’re no longer collecting a paycheck from an employer, you probably still have to pay income taxes.

6. Beware the retirement savings 'time bomb,' tax expert warns - AOL

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   It’s all about the taxes. That’s the key concept for retirement savers specifically because IRAs and 401(k)s are only tax-deferred — not tax-free.

7. 8 Tax Breaks Retirees Can Prepare to Use for 2024 - AOL

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   The post Common Tax Breaks for Retirees appeared first on SmartReads by SmartAsset. ... These distributions can be done tax-free, reducing the taxable income of a retiree. For example, a $5,000 ...

8. 6 Hidden Tax Breaks for Retirees - AOL

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   The deduction for a traditional IRA won’t reduce your Social Security tax, and the Social Security tax rate, like the Medicare tax rate, doesn’t change after you’ve retired. Learn: These Are ...

9. Retirees Often Overlook These 11 Tax Deductions - AOL

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   Retirees must pay taxes on Social Security benefits, pension income, IRAs, 401(k)s and other sources of income. That tax bill can add up quickly if retirees don’t plan carefully and take ...