Ever wonder how your investments get taxed? Most people have no idea, and for their whole working career they didn't really care because every couple weeks money just kept going in to these accounts. Well in retirement everything changes, now the money is flowing the opposite way. You are now going to be taking money out of these investment accounts to replace your income. The question is, how is that taxed? In this episode we explain the different ways investments are taxed and how important that is to consider in your retirement plan.
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The information discussed in this show is educational only and should not be considered advice or used in consideration in the purchase of any securities or investment services. You are encouraged to consult your tax, legal or financial professional before taking any action.