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| Name | 2023 Tax Rates & Brackets for Retirees |
| Video Uploader | Video From Cardinal Advisors |
| Upload Date | This Video Uploaded At 20-12-2022 14:00:25 |
| Video Discription | Show Notes: https://cardinalguide.com/wp-content/uploads/2024/02/2023-Tax-Rates-and-Brackets.pdf If you’re retired, your income comes from Social Security, and withdrawals from IRAs, you have a degree of control over which Federal Tax Bracket that you fall into: 10%, 12%, 22%, 24%, 32%, 35%, or 37%. When doing Income and Tax Planning, many clients withdraw enough from their IRA each year to fill up their current tax bracket or the next one. For a married couple filing jointly, the top income of the 22% bracket is $190,750 and the 24% bracket $364,200. In other words, they can do a Roth Conversion limited by the top of the bracket. Watch the video to learn more about Tax Planning! Questions? Email us at Hans@CardinalGuide.com, call us at (919) 535-8261, or visit our website at CardinalGuide.com. wbOi1y3ZwaU |
| Category | Howto & Style |
| Tags | taxes | medicare | socical security | ira | 401k | iras | income | estate | income tax | med | ss | tax rates | tax brackets | retirement | financial planning | tax planning | tazes | explained | retirees |
