3 Powerful Tax Strategies for Retirees

Retirees often overlook tax planning. This typically is because retirees are in one of the lower tax brackets and are living on fixed incomes that don't provide a lot of tax or financial flexibility.

But there are strategies that can lower the overall tax burden and enable seniors to sleep at night. Let's take a closer look at three essential planning ideas.

Roth conversion

Many people retire in their 60s. Required minimum distributions (RMDs) kick