It's a big myth that taxes are something retirees don't have to worry about. Quite the contrary -- taxes can be a huge burden for seniors, especially since retirees are often limited to a fixed income that forces them to spend very mindfully.

If you're retiring in 2024, it's important to be strategic about taxes and know what the latest rules look like. Here are some key points to consider as your career comes to an end.

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Source Fool.com