5 Tax Mistakes to Avoid in Retirement
Even great savers can reduce their retirement income by making these mistakes.
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One of the best ways to prepare for retirement is to set aside money in a tax-advantaged retirement account. Hopefully, you have done so year after year and built a nice nest egg.
But the job doesn’t end there. Even if you’ve been a great saver during your working years, you can still reduce your retirement income by making some basic tax mistakes after quitting work.
As you plan for retirement or even if you already have entered post-work life here are some costly tax mistakes you should know and avoid after you retire.