Your Money, Your Wealth

The best time to start planning for next year's tax season is at the end of this year's tax season. In episode 21 of the YMYW podcast, Joe Anderson, CFP® and Big Al Clopine, CPA tell you how to avoid tax surprises and reduce your taxes in retirement. Original publish date April 16, 2016 (hour 1). Note that content may be outdated as rules and regulations have changed.  00:00 - Intro 03:22 “The reason we talk taxes right at the end of tax season is because this is when you’re thinking about it and the best time to make a change is right now for 2016 because most strategies that are available to you take time to implement” 05:33 “The truth is, you have more control over how much you pay in taxes in retirement than any other time in your life” 07:29 “You could be generating hundreds of thousands of dollars of income and pay very little tax on your Social Security depending on how that income is classified” 12:19 “We’ve seen people who have money outside of retirement accounts that pay very little tax, sometimes