Tax Planning Ahead for Worry-Free Retirement

Each class session will present the current tax topic for 60 min and be followed by 30 min of a Q&A-format discussion. This class is online and a Zoom link will be emailed to you nearer the date.

Topics covered:

•    Social Security & Medicare:   Social Security, Planning the Onset of Benefits, Taxation of Social Security Benefits, Medicare Issues, Means Testing for Medicare Payments
•    Still Working As a Senior:   Self-Employment, Employed by Another, Social Security Issues
•    Retirement Distributions:   Pension or Annuity, Lump-Sum Distributions, Required Minimum Distributions, Qualified Charitable Distributions, Planning with RMDs, Roth Advantages
•    Tax Planning - Deductions:   Medical Deductions, Deductions for Taxes, Charitable Deductions, Interest Deductions, Miscellaneous & State Tax Treatment, Federal Standard Deduction & “Bunching”
•    Other Planning Issues:   Downsizing & Related Issues, Retiring Without a Mortgage, Helping the Family – Education, Helping the Family – Purchasing a Home, Helping the Family – Intrafamily Loans
•    Tax Filing Tips:   Filing Status, Wages, Salaries, etc., Line 2 (a & b) Interest, Line 3 (a & b) Dividends, Line 2 (a, b, c & d) IRAs & Pensions, Line 5, 6, 7 & Schedule 1


Students – this course is for you if:

•    you are curious about an aspect of tax law (What is so special about Roth IRA anyway? When can I afford to retire & what taxes should I prepared to pay?)
•    you’ve taken a tax class years ago and need an update
•    you work with tax but never had a chance to take a class
•    you want to better understand your own tax return
•    you love solving puzzles and are looking to diversify
•    you really seek to impress your uncle over that upcoming Thanksgiving dinner