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you may be surprised what retirement income is taxed and what isn’t

you may be surprised what retirement income is taxed and what isn’t News Article With The full text news and with Resource Link at the bottom of the text and you can View this News Article in the source page.



you may be surprised what retirement income is taxed and what isn’t

(istock photo)the day will come when you say goodbye to having a manager. you won’t have to endure any more annual employee evaluations. you will no longer have to work unless you want to.and with the end to your full-time employment years, you probably hope your tax bill will go down. it’s a perk that many people assume comes along with retirement.except, as benjamin franklin once wrote, “in this world nothing can be said to be certain, except death and taxes.”“there was a time when older americans received a lot of tax breaks,” bob carlson, editor of retirement watch, wrote recently in an article for forbes. “there still are a few breaks for those who are older and less well off. but for most americans it’s dangerous to believe your taxes and tax rates are going to declin...