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Ways to minimize income taxes when withdrawing funds from your pretax IRA

July 2, 2024
Here's how to reduce income taxes on your pretax IRA withdrawals

At Extreme Investor Network, we understand the importance of maximizing your retirement savings while minimizing tax implications for yourself and your heirs. Recent reports have shown that individual retirement accounts (IRAs) are growing in size, … Read more

Categories Personal Finance Tags funds, Income, IRA, Minimize, pretax, Taxes, Ways, withdrawing

Ways to decrease income taxes when withdrawing funds during retirement

June 25, 2024
Here's how to reduce income taxes on your retirement withdrawals

As you approach retirement with a substantial pre-tax 401(k) or IRA balance, it’s crucial to have a plan in place to manage the tax implications that may arise. Certified financial planner Scott Bishop warns that … Read more

Categories Personal Finance Tags decrease, funds, Income, retirement, Taxes, Ways, withdrawing

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