Retirees can lower future tax bills with Roth conversions and tax-free income strategies. Jelena Stojancevic/Shutterstock
Saving for retirement takes time, commitment, and extreme discipline over decades of hard work. And by the time you cross into your so-called “golden years,” this may have paid off in the form of a large nest egg.
Then one day, you’re ready to crack it open and live the retirement you deserve. But not all may be what it seems. Uncle Sam could be looking for his cut, too. And taxation can deliver a serious blow to the value of your retirement savings.
