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Just 12% of Eligible Americans Are Taking This Smart Step to Avoid Retirement Taxes

Just 12% of Eligible Americans Are Taking This Smart Step to Avoid Retirement Taxes

As a retiree, the last thing you want to worry about is paying out a big chunk of your fixed income to the IRS. Unfortunately, many different sources of retirement income could be taxable, including distributions from your retirement account as well as some of your Social Security benefits. Taxes don't have to be a part of your retirement reality if you make certain decisions throughout your career.