What are some keys ways to reduce taxes on retirement account withdrawals?

tax friendly retirement
Here are some of the best ways to minimize the tax burden when withdrawing money from a retirement account:
1) Take the Required Minimum Distribution after age 70.5
2) Pay Attention to Taxable Amounts on each Withdrawal
3) Know the difference between a Tax-Advantaged Account and a Tax-Free Account
For more on tax considerations for retirement account withdrawals, look for our new article tomorrow.