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| Created | 5/3/24, 4:53 AM |
| Modified | 9/4/24, 5:32 AM |
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| Pagename | The Perfect Portfolio |
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| Cta Text | Contact us |
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| Display Format | video |
| Title | |
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| Link Url | http://instagram.com/theperfectportfolio |
| Page Welcome Message | |
| Page Name | The Perfect Portfolio |
| Page Profile Picture Url | https://scontent-atl3-1.xx.fbcdn.net/v/t39.35426-6/440322968_961260521929050_1410640959872209814_n.jpg?stp=dst-jpg_s60x60&_nc_cat=108&ccb=1-7&_nc_sid=c53f8f&_nc_ohc=BwS1QiVbcXIQ7kNvgH6B9fF&_nc_ht=scontent-atl3-1.xx&oh=00_AfD6NiPTyyL2TjmCIk1OeWfMH4al0fbf2WqU46r0BBWYYA&oe=663A8D26 |
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| Body | “🔔 Beware of the retirement tax trap! 😱 <br /> <br /> Here are 10 reasons why your retirement accounts could lead to higher taxes in the future:<br /> <br /> 1️⃣ Required Minimum Distributions (RMDs) can push you into higher tax brackets as you’re forced to withdraw a certain amount each year.<br /> 2️⃣ Tax rates may increase by the time you retire, resulting in more taxes owed on your distributions.<br /> 3️⃣ Large distributions from retirement accounts can trigger additional taxes on Social Security benefits.<br /> 4️⃣ Inherited retirement accounts can lead to hefty tax bills for your beneficiaries.<br /> 5️⃣ Withdrawals from Traditional IRAs and 401(k)s are taxed as ordinary income, which could be at a higher rate than capital gains taxes.<br /> 6️⃣ Early withdrawals before age 59½ incur penalties and taxes, reducing your retirement savings.<br /> 7️⃣ Roth IRA conversions can create tax liabilities if not managed strategically.<br /> 8️⃣ Medicare premiums can increase based on your income, and retirement account distributions count towards this calculation.<br /> 9️⃣ Tax laws and regulations can change, impacting how retirement accounts are taxed in the future.<br /> 🔟 Large balances in retirement accounts can subject you to higher estate taxes upon passing wealth to heirs.<br /> <br /> Plan wisely and consider diversified retirement strategies to minimize tax impacts! <br /> <br /> DON’T FORGET 💡 <br /> The most powerful tax-avoidance strategy is to use the “Buy, Borrow, Die” strategy that we teach @theperfectportfolio <br /> <br /> To learn more about @theperfectportfolio check out our website:<br /> <a href="https://l.facebook.com/l.php?u=http%3A%2F%2FWww.ThePerfectPortfolio.com%2F&h=AT2OVbibli7ayE7zDhkZQx2JbzujU42Uc8mU6OD2bo9qYonmvteySyg2rDyWJ1psWKGGptCSRcMBeGUrhOXfd3HGwTqoh5QJdi_q6haAkMEduyHICIbL9CkldKgVhrFADdvDpAxX2KbkbsjRIZOUjyuB-1Z0qPeWdZw4qA" rel="nofollow noreferrer" target="_blank" data-lynx-mode="asynclazy">Www.ThePerfectPortfolio.com</a><br /> <br /> 💡 #RetirementTaxTrap #TaxSmartPlanning #PlanAhead 📊” |
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