Three Key Components To Maximize Your Retirement Savings
If your working years were spent as an employee, your taxes on wages were pretty straightforward. You worked and contributed to employer-based benefits, and the net was reported to you on a W-2 form, which you used to plug into your 1040 tax form. There is not much wiggle room for reporting that income and paying the associated taxes. The good and the bad of retirement income planning is that you have all the control. …