You’re paid 5th on distributions from your tax-deferred plans (401(k), IRA, 403(b), SIMPLE, Solo, SEP, etc.).
5th you say?
- Federal taxes – ordinary income rates at the time of withdrawal
- State taxes
- Taxes on Social Security benefits – did you know this?
- Increased Medicare premiums
- YOU – YAY – You’re 5th in line!
Wait! It’s your money for your retirement.
But wait! The IRS comes first.
Do you want to get paid 1st or 5th❓ Let’s do this!
Remember, You Can Live Tax-Free in Retirement!
Judy Carlson, CPA
CEO & Founder
CORAM DEO FINANCIAL
“Simply Live Tax-Free”