Like Tax-Free Income? Here's 1 Investment to Look At

Taxes can be a burden at any stage of life -- both during your working years, as well as in retirement. But seniors tend to get especially caught off-guard by taxes, especially once they realize that the IRS gets a piece of everything from their pension income to their Social Security benefits.

If you're looking for a way to shield some of your earnings from the IRS, then you'll need to choose your investments wisely. And here's one option worth considering.

If you're many years away from retirement, you shouldn't put a ton of money into bonds. Rather, you should focus on buying stocks, which tend to deliver a much higher return than bonds. You can also handle the volatility of stocks, given your age.

Source Fool.com