Blog
Oct
Many retirees assume their tax bill will shrink once they stop working, but that’s not always the case. As Good Morning Washington reports, financial experts are seeing that taxes in retirement often stay the same or even increase, especially once Medicare premiums and required minimum distributions (RMDs) come into play.
Brandi Bridget of The Agency at National Harbor emphasizes the importance of understanding how estate planning, insurance, real estate, and taxes all connect in shaping a secure retirement. A proactive plan can help reduce unnecessary tax burdens and make the most of your hard-earned savings.
Thoughtful financial and legal planning today can help you navigate these complex rules tomorrow so you can enjoy retirement with peace of mind. Contact our team of experts at Rhodes Law Firm today to make sure you have a plan in place.