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Don’t Overpay in Taxes Through This One Strategy
Manage episode 457258477 series 3561293
Kandungan disediakan oleh Impact Partnership and Mike Douglas. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Impact Partnership and Mike Douglas atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
Many people don't fully understand the importance of diversifying their financial assets for tax efficiency. Mike Douglas explains the three types of money: pre-tax, after-tax, and tax-free, and explains how to strategically manage them to avoid overpaying taxes. By blending different types of accounts like 401(k)s, Roth IRAs, and taxable brokerage accounts, retirees can better navigate varying tax rates and maintain a comfortable lifestyle.
Ready to explore your tax strategy in retirement? Visit MichigansRetirementCoach.com to connect with Mike and his team today!
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