Is Social Security Taxable? What Baby Boomers Need to Know.

Is Social Security taxable? In an earlier post I wrote that Social Security benefits can be taxed. And for many baby boomers it won’t be pretty either. Stay with me and I will direct you to a website … [Read more...]

Tax on Social Security? Why Boomers Should Retire in Egypt

Want to avoid income taxes in retirement? Sure, who doesn’t. Except people who don’t have any retirement income. But wait. There is a potential tax on Social Security benefits. Yes. They are subject … [Read more...]

RMD: The Older Boomers Get, the More They are Taxed

Ever hear of RMD? Not R&D, Poindexter. R-M-D, which stands for Required Minimum Distribution. It's the government's way of taxing boomers more as they age. Here's how it works: Let's say you … [Read more...]