On this particular Workplace Hours session, hosted by Nancy Gates, Senior Supervisor of Companies at Boldin, we take a deep dive into a necessary retirement planning subject: estimating and paying taxes in retirement. Nancy guides you thru the complexities of retirement revenue taxes — from understanding how every revenue supply is taxed, to growing a wise tax cost technique that retains you compliant and stress-free.
This session is concentrated on training and empowerment, serving to you’re taking management of your monetary future with confidence. Whether or not you’re newly retired or planning forward, this video will equip you with the information you’ll want to keep away from tax penalties and make knowledgeable selections about your retirement revenue.
Key Subjects Mentioned on this Workplace Hours Session
✅ Overview of the retirement paycheck and revenue sources
✅ Tax implications of varied retirement revenue streams
✅ How FICA, federal, state, and capital beneficial properties taxes apply in retirement
✅ Protected harbor guidelines and the IRS $1,000 rule
✅ Tax withholding methods
✅ The way to use estimated quarterly tax funds
✅ Sensible ideas for growing your retirement tax cost technique
Timestamps
00:00 Introduction & Housekeeping
00:20 What’s the Retirement Paycheck?
01:25 Widespread sources of taxable revenue in retirement
02:30 Overview of U.S. tax classes: FICA, federal, state, capital beneficial properties
03:45 Tax therapy of varied revenue sources
05:50 Social Safety tax guidelines
07:30 Funding revenue and financial savings drawdown taxation
10:00 Protected Harbor Rule & $1,000 Rule defined
12:00 The way to keep away from tax penalties in retirement
13:25 4 strategies to pay taxes in retirement
15:35 Tax withholding methods from pensions and annuities
17:45 Utilizing IRA distributions for tax funds
19:10 Making quarterly estimated tax funds
21:00 Subsequent steps and planning ideas
About Boldin and the Award Profitable Boldin Retirement Planner
The Boldin Planner is highly effective software program that places you in management. It’s nearly like having a monetary knowledgeable at your fingertips. Analysis reveals that individuals with a written monetary plan do 2.7 instances higher financially. They’re additionally 54% extra more likely to stay comfortably in retirement. That’s not luck, that’s taking management of your cash. The Boldin Planner has been named the Greatest Monetary Planning Software program of 2025 and the corporate was chosen as a Prime Innovator in UpLink’s Prospering in Longevity Problem and named to the FinTech 100 by CBInsights.
The instrument is right for planning as a result of it covers a complete set of data related to retirement and allows you to customise the whole lot – together with your personal life expectancy.