3 Tax Hits Retirees Need to Watch Out For
It's hard to get out of paying taxes in general. But many people assume that once they start retirement, they'll be able to magically avoid owing the IRS money.
Unfortunately, that line of thinking could lead to a world of financial upheaval for you. That's because many common forms of retirement income are indeed subject to taxes. Here are three specific tax hits you might incur -- and what to do about them.
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Source Fool.com
