Think Your Retirement Savings Are All Yours? Think Again.

You may have spent years building your retirement nest egg, but how much of it will actually stay in your pocket? In this episode, Tim Wood breaks down several common retirement tax traps, including Social Security taxation, required distributions, Roth conversion strategies, and the hidden impact of keeping too much money in a single account type. He also discusses estate planning considerations, inheritance expectations, and key factors to weigh when deciding when to claim Social Security. ...