Ep 102: 7 Pre-Retirement Tax Questions in 2023

The Retirement Show: Your Life, Your Money with Scott Sierens

Retirement can come with a lot of tax questions and concerns. From understanding the tax implications of withdrawing from your retirement accounts to minimizing taxes on investment income, it can be overwhelming. In today’s episode, we’ll break down the 7 tax questions that people approaching retirement are asking.

Here are a few lessons that we’ll discuss in this episode:

• What are the tax implications of withdrawing money from different retirement accounts? (4:16)
• Does the taxation of my pension income differ from other forms of income? (6:11)
• Your Social Security benefits might be taxed. (7:39)
• How will my taxes change if I move to another state in retirement? (13:47)
• Should I do a Roth conversion now or wait until retirement? (21:31)

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