Even when American workers retire, they can count on taxes continuing to haunt them right to the very end — although how much they pay and how they pay it may change (after all, no more relying on an employer to handle the W2s and other recordkeeping). Kiplinger has very helpfully broke down 10 ways that retirement income is taxed, depending on the type of income (and all the other rules that pertain). For those who can save for retirement, or are already figuring out a budget for retirement, it could help to know how much income remains after the tax man cometh. READ MORE: |
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
