Whether you’re approaching retirement or already enjoying it, knowing how to efficiently withdraw funds from various accounts can significantly impact your financial future.
In the latest episode of the Everyday Business podcast, hosts Andrew Matuzak, Pete Bender, and Matt Cash tackle one of our clients’ most frequently asked questions: What are the best tax-smart withdrawal strategies in retirement? Tune in to discover how a tax-savvy approach to retirement withdrawals can help maximize your income.
Key top...
Whether you’re approaching retirement or already enjoying it, knowing how to efficiently withdraw funds from various accounts can significantly impact your financial future.
In the latest episode of the Everyday Business podcast, hosts Andrew Matuzak, Pete Bender, and Matt Cash tackle one of our clients’ most frequently asked questions: What are the best tax-smart withdrawal strategies in retirement? Tune in to discover how a tax-savvy approach to retirement withdrawals can help maximize your income.
Key topics covered in this episode:
- Sources of Retirement Income: A breakdown of income streams like retirement accounts, Social Security, and pensions, and how they fit into your overall financial strategy.
- Key Factors Affecting Your Retirement: Learn how account balances, age, and charitable intentions can influence your withdrawal strategy.
- Common Withdrawal Strategies: Explore methods like Roth conversions, Qualified Charitable Distributions (QCDs), gifting appreciated stocks, and the timing of withdrawals—early or late—and their effects on your retirement plan.
Yeo & Yeo’s Everyday Business podcast can be heard on Apple Podcasts, PodBean and, of course, our website. Please subscribe, rate and review.
Want to learn more?
Every retirement plan is unique, making personalized financial advice essential. A trusted advisor can guide you through complex tax rules, manage withdrawals efficiently, and help secure your financial future. Ready to create a tax-smart retirement plan? Contact us today.
For more business insights, visit our Resource Center and subscribe to our eNewsletters.
DISCLAIMER
The information provided in this podcast is believed to be valid and accurate on the date it was first published. The views, information, or opinions expressed during the podcast reflect the views of the speakers. This podcast does not constitute tax, accounting, legal or other business advice or an advisor-client relationship. Before making any decision or taking action, consult with a professional regarding your specific circumstances.
Investment advisory services are offered through Avantax Planning PartnersSM. Commission-based securities products are offered through Avantax Investment ServicesSM, Member FINRA, SIPC. Insurance services offered through licensed agents of Avantax Planning Partners. 3200 Olympus Blvd., Suite 100, Dallas, TX 75019. The Avantax entities are independent of and unrelated to Yeo & Yeo Wealth Management.
This material is for informational purposes only. It is not intended as investment, tax or other advice or an offer or solicitation for the purchase or sale of any financial instrument. Indices are unmanaged, represent past performance, do not incur fees or expenses, and cannot be invested into directly. Past performance is no guarantee of future results. Consult with your financial, tax or other appropriate advisors on all matters pertaining to financial, accounting or tax obligations and requirements.
Check the background of Pete Bender on FINRA’s BrokerCheck.
