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Social Security: Managing the Tax Bite

The revelation that Social Security benefits are likely to be taxable comes as a bit of a shock to many new retirees, and it’s something that many have not planned for. But don’t despair, there are steps you can take along the way to soften the blow, as explained in an article by Nasdaq contributor Martin Schamis, CFP® today on their website. His article focuses on drawdown strategies, managing RMDs, and the importance of taking a long-term view in ordering the distribution of your financial resources. Read his article here…

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