Early Retirement and the Related Taxation Issues
If you’re approaching age 62 and considering taking the step into early retirement, there are a few key strategic considerations that come into focus as you think ahead to how your income will be taxed. In an article by retirement planning specialist Michael Lonier posted on seekingalpha.com, some of the steps one can take to lessen the impact of eventual Required Minimum Distribution tax impact are spelled out. As Lonier points out early in his article, “The early retirement years are complex, with many moving parts; not least are the tax implications of the many choices new retirees face.” Click here to share his insights on this important subject…
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