Purpose of Meeting
The purpose of the "Taxes in Retirement" financial seminar is to educate pre-retirees and retirees on the critical impact taxes can have on retirement income. As retirement approaches, many individuals transition from earning a paycheck to drawing from Social Security, pensions, IRAs, 401(k)s, and other investment accounts. Understanding how these income sources are taxed is essential for maximizing income, preserving wealth, and avoiding costly tax mistakes.