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    Tax Strategies for Retirees

    Pay less in retirement.

    Bracket management

    Withdraw just enough each year to stay in low tax bracket. Avoid jumping to next bracket.

    Roth conversions

    Convert IRA to Roth in low-income years. Pay tax now, no tax later.

    QCDs

    Qualified Charitable Distribution. Donate up to $105,000 from IRA. No taxable income.

    Free help

    • AARP Tax-Aide
    • VITA volunteers
    • State SHIP advisors

    Tax software

    FreeTaxUSA ($0 federal). TurboTax Free for simple returns.

    Move state

    9 states have no income tax. Florida, Texas, Tennessee, Nevada, etc.

    Quick Tip: Talk to a CPA in November. Tax-loss harvesting deadlines are December 31.