About this episode

Andy discusses common tax planning mistakes often made in retirement and how to prevent or fix them.

Andy discusses common tax planning mistakes often made in retirement. Additionally, he shares insight on how to attempt to prevent such mistakes, and/or fix them after they've happened The 8 common mistakes are: Not paying enough income tax timely throughout the year, and having underpayment penalties as a resultMissing or not taking the correct amount of Required Minimum Distributions (“RMDs”)Having improper beneficiary designationsNot properly applying Roth account withdrawal rulesNot und...

People in this episode

Host: Andy Panko

Topics covered

• tax planning
• retirement mistakes
• income tax
• RMDs
• beneficiary designations
• Roth account rules

Keywords

• tax planning
• retirement
• income tax
• RMDs
• beneficiary designations
• Roth accounts
• underpayment penalties
• withdrawal rules

Mentioned in this episode

Organizations: Required Minimum Distributions

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