Hosted by Nancy Gates, senior manager of Boldin’s services, this special office hour session dives deep into the key retirement planning topics of tax estimation and payment after retirement. Nancy guides the complexity of retirement income taxes, from understanding how each source of income is taxed to developing a sensible tax payment strategy that will keep you obedient and stress-free.
https://www.youtube.com/watch?v=faiqceerxjs
This session focuses on education and empowerment, and will help you to confidently control your financial future. Whether you’re new to retirement or planning, this video provides the knowledge you need to avoid tax penalties and make informed decisions about your retirement income.
Important topics discussed during this office hour session
retiredRetiredSalary and Sources Overview
and tax impacts on various retirement income flows
How fica, federal, state, and capital gains taxes apply upon retirement
✅Safe Harbor Rules and IRS $1,000 Rules
cax tax withholding strategy
How to use quarterly tax payments that have been marked
Practical Tips for Developing a Retired Retired Tax Strategy
Timestamp
00:00Introduction & Housekeeping
00:20What is the salary for retirement benefits?
01:25 General sources of taxable income during retirement
02:30 US Tax Category Summary: FICA, Federal, State, Capital Gains
03:45 Tax contracts for various sources of income
05:50 Social Security Tax Rules
07:30 Investment income and savings tax
10:00 Safe Harbor Rules and $1,000 Rules are explained
How to avoid tax penalties when resigning at 12:00
13:25 4 ways to pay taxes when resigning
15:35 Tax withholding Strategy from Pensions and Pensions
17:45 Use IRA distribution for tax payments
19:10 Quarterly Estimated Tax Payment
21:00Next steps and planning tips
About Boldin and the award-winning Boldin Retirement Planner
Boldin Planner is powerful software that will control you. It’s like having a financial expert at your fingertips. Research shows that people with written financial plans are 2.7 times better financially. Additionally, there is a 54% higher chance of living comfortably when you retire. It’s not luck, it’s controlling your money. It is named Boldin Planner Best Financial Planning Software of 2025 And the company was chosen as a top innovator. Uplink Longevity challenges and thrive, named Fintech 100 By cbinsights.
This tool covers a comprehensive set of information related to retirement and allows you to customize everything, including your own life expectancy, making it perfect for planning.
