Social Security is a key part of maximizing your retirement story. The decisions you make about when and how to claim it can have a big impact on how much you keep versus how much goes to the IRS. In today's show, we'll break down 3 common Social Security tax mistakes- some of which could cost you big- and how to avoid them.
Here's some of what we discuss in this episode:
0:00 – Intro
1:51 – Mistake 1: Believing Social Security Is Tax-Free
3:20 – Mistake 2: Not Planning For Medicare Impacts
4:12 – Mistake 3: Timing Social Security with Roth Conversions
7:12 – Retirement Chart Of The Week
9:49 – Diversification In Investing
10:30 – Listener Question
Periodic Table of Investment Returns
https://www.callan.com/periodic-table/
Want to get in touch?
Company website: https://sierensfinancialgroup.com/
Podcast website and resources: https://maxretirementshow.com/
Phone: (847) 235-6989
Contact our team: office@sierensfinancialgroup.com
Schedule your no-cost introductory call: https://sierensfinancialgroup.com/schedule-a-meeting/
Join us for our next financial workshop: https://sierensfinancialgroup.com/
Check out our free guides:
Unlocking Hidden Tax Savings Guide: https://maxretirementshow.com/taxes/
Social Security Benefits Guide: https://maxretirementshow.com/socialsecurity/
Will Your Money Last As Long As You Do Guide: https://sierensfinancialgroup.com/
Check us out on YouTube: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ
Facebook: https://www.facebook.com/SierensFinancial/
LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/
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