Retirement Watch Lighthouse Logo
Retirement Watch Lighthouse Logo

Income Tax Planning in Retirement

Found 144 Articles.
Get access to our full article archive by subscribing to Retirement Watch and Retirement Watch Spotlight Series.

how-to-withdraw-retirement-assets

How To Withdraw Retirement Assets

September 1, 2003

The order in which you withdraw money from various retirement accounts affects how long your wealth lasts. Most of you have retirement assets in both tax deferred and taxable accounts. There is a lot of guidance available on how to choose the different accounts and even how to invest them. Despite its importance, you won’t […]

how-to-make-sure-home-sale-gains-are-tax-free

How to Make Sure Home Sale Gains Are Tax Free

September 1, 2003

Those of you with two or more homes might owe more taxes on the sale of a home than you thought. Tax-free home sale gains also might be in danger for anyone owning an RV, camper, or boat. Those are the consequences of a recent court case. Under the ruling, the IRS and the courts […]

investing-your-ira-under-the-new-law

Investing Your IRA Under the New Law

August 1, 2003

Does the 2003 tax law change how your retirement account should be invested? Most investors have some of their money in tax-deferred accounts – such as IRAs and 401(k)s – and the rest in taxable accounts. When a portfolio is diversified, the investor has to decide which assets to purchase in a tax-deferred account and […]

how-to-make-the-most-of-your-tax-cuts

How To Make The Most Of Your Tax Cuts

July 1, 2003

Another major tax cut rolled through Congress by the end of May, providing significant benefits to all investors. You might need to change some of your tax and investment strategies to reap the maximum benefits of the new law. There also are a few traps to avoid. Let’s take a look at the basics of […]

new-rules-on-tax-free-home-sales

New Rules On Tax Free Home Sales

May 1, 2003

The IRS recently made it easier to cash out a principal residence tax free by plugging gaps and uncertainties in the 1997 rules on tax-free gains. The IRS filled the gaps in ways that are generous to taxpayers. Previously, anyone with a deductible home office had to separate the tax basis and sale proceeds of […]

maximize-profit-second-homes

How to Maximize Shelter and Growth in Second Homes

May 1, 2003

Stocks and second home sales both soared during the 1990s. They parted ways in the 2000s. While stocks turned south, prices of second homes continued to climb. It is no coincidence. More people are turning to second homes as investment alternatives. The National Association of Realtors reports that purchases of second homes for investment purposes […]

reduce-tax-on-social-security

How to Reduce Tax on Social Security

February 1, 2003

Each year more seniors pay taxes on Social Security benefits than did the year before, and those who already were taxed pay more. That is an inevitable result of the way the tax is structured, unless you take action to reverse things. The benefits are taxable when adjusted gross income exceeds certain levels. One big […]

how-to-start-the-tax-year-off-right

How to Start The Tax Year Off Right

January 1, 2003

Income tax returns for 2002 will occupy some of your time in the next few months. My advice is to complete the return early, even if you let it sit and don’t mail it for a while. The 2002 return can be a tax planning tool for 2003. Many tax and economic changes make the […]

pixel

Log In

Forgot Password

Search