XML Financial Group Blog

Taxes: An Important Factor In Your Retirement Income

Written by XML Financial Group | Mar 4, 2021 3:00:00 PM

The goal of retirement saving is to ensure you are able to afford your retirement and do the things you have always dreamed of doing, without having to worry about money. But many retirement savers overlook or underestimate an important retirement cost: taxes on distributions from their retirement accounts.

Understanding how withdrawals from your retirement accounts will be taxed can give you a clearer idea of what your retirement income will look like. This article from Kiplinger reviews the taxes associated with the 10 most common types of retirement accounts.

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