How To Reduce Social Security Taxes In Retirement by Jennifer Lang Financial Services

·1 min read

Retirees Fall Into the "Tax Torpedo" Taking Social Security Early.

Houston, Texas --News Direct-- Jennifer Lang Financial Services, LLC

Combining taxable IRA and retirement plan income with Social Security income in the same year causes retirees’ effective tax rates to soar. The effect can be reduced or avoided by taking IRA or other retirement plan distributions first and claiming Social Security later. IRA Conversions allow retirees to replace the retirement income they would have drawn from Social Security with penalty-free withdrawals from Fixed Indexed Annuities buying them additional years. Learn more:

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Jennifer Lang Financial Services, LLC.

Jennifer Lang

+1 877-487-8926

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