The Top 10 Tax Savings Tips for Retirees

Sometimes the most valuable line on a retirement plan is not the return column, but the tax bracket sitting next to it. This episode lays out 10 tax-saving strategies retirees and pre-retirees should understand, from bracket management and tax-loss harvesting to charitable giving, Roth conversions and asset location. Host Mark Falter explains why tax planning should happen long before a return is filed, how tax-deferred savings can create future pressure through required minimum distributions and why the gap between your current bracket and the next one may be one of the most useful planning opportunities you have. Mark also highlights the difference between short-term and long-term thinking on taxes.