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  2. 5 Tax Strategies for Your Retirement Income - AOL

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    For 2024, individual retirees with a combined income between $25,000 and $34,000 could get taxed on a maximum of 50% of their benefits. While those over $34,000, could get taxed on a maximum of 85 ...

  3. The 5 years before retirement are critical for Americans ...

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    Certain tax planning strategies could also help. If you’re 50+ and haven’t maxed out your employer-sponsored retirement plans, you could take advantage of catch-up contributions .

  4. 7 Things Retirees Need To Know About Filing Income Tax Returns

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    Social Security Income is Taxable. “Up to 85% of your Social Security benefit might be included in your taxable income,” said Justin Pritchard, CFP at Approach Financial, Inc. “That’s a ...

  5. 9 Strategies Americans Are Using To Minimize the Taxes ... - AOL

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    The annual limit is $105,000 per year. 8. Making Contributions to Other Tax-Advantaged Accounts. Among Americans who have a plan to minimize the taxes they pay on their retirement savings, 14% ...

  6. If you're retired or about to retire, think carefully about ...

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    NEW YORK (AP) — Coming up with the best tax strategy in retirement can be much trickier than it seems, and tax pros agree it's a time when people need to be especially careful to look at their ...

  7. Strategies for Americans who feel behind on retirement ... - AOL

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    A tax-saving move for non-retirement accounts. Tax-loss harvesting is “taking a look at investments that you may have losses in and taking those losses and using them to offset gains,” Mitlin ...

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