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Key Tax Tips Every FRS Member Should Know
Manage episode 463674529 series 2120250
Taxes might be daunting, but mastering them can mean thousands more for your golden years!
In this essential episode, April Schoen dives deep into tax strategies specifically designed for Florida Retirement System (FRS) members. Discover how expert tax planning could unlock more wealth and flexibility than you ever imagined for your retirement.
You’ll discover:
- Why tax planning is the key to more after-tax income in your retirement.
- How different types of accounts—tax-deferred, taxable, and tax-free—impact your taxes.
- Real-life case studies showing the transformative power of Roth conversions.
- The surprising impact of Medicare premiums and how your income influences them.
- Secrets to leveraging cash value life insurance for tax-free withdrawals and loans.
105 एपिसोडस
Manage episode 463674529 series 2120250
Taxes might be daunting, but mastering them can mean thousands more for your golden years!
In this essential episode, April Schoen dives deep into tax strategies specifically designed for Florida Retirement System (FRS) members. Discover how expert tax planning could unlock more wealth and flexibility than you ever imagined for your retirement.
You’ll discover:
- Why tax planning is the key to more after-tax income in your retirement.
- How different types of accounts—tax-deferred, taxable, and tax-free—impact your taxes.
- Real-life case studies showing the transformative power of Roth conversions.
- The surprising impact of Medicare premiums and how your income influences them.
- Secrets to leveraging cash value life insurance for tax-free withdrawals and loans.
105 एपिसोडस
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