What Folks Near, At, or In Retirement Need To know
Retirement doesn’t mean escaping taxes—in fact, it’s one of the top challenges you’ll face as you plan for the future and understanding them is essential to preserving your income throughout your retirement. In this workshop, we will uncover critical tax issues that can erode your retirement savings and discuss practical strategies to protect your wealth. Understanding how taxes will impact your income is essential to preserving your money throughout your retirement. You'll learn about Required Minimum Distributions (RMDs); how to calculate them and how they impact your taxes. Also, how Social Security, pensions, dividends, and interest affect your taxes. We'll even cover strategies such as Roth IRA conversions, tax loss harvesting, and how a step-up in tax basis and Qualified Charitable Distributions (QCDs) can work to your advantage. By the end, you'll have knowledge and actionable strategies to consider that may help preserve your assets, maximize tax efficiency, and make your retirement dollars last. Please bring a notebook/pen and a calculator.
Anthony Corsino, owner of Zen Financial Planning, LLC in Andover, MA, holds a BS from Bentley, a Certificate in Financial Planning from Boston University, and holds other designations and certificates from The American College of Financial Services, The College for Financial Planning, and Villanova. He teaches financial planners nationwide in multiple university programs and serves as a subject matter expert at Boston University, Regis College, and through Greene Consulting, which partners with several universities including UNH and James Madison.
