10/25/2015 – Deferring taxes not always best plan (Investment News)

In preparing for retirement, one accumulates as much money as possible. Most strategies focus on qualified accumulation, which defers income tax until the distribution phase when a person presumably has fewer exemptions and deductions. For high-income earners paying taxes at the highest levels during the accumulation phase, this is an advantage. For those at lower levels, income tax during the distribution phase can be challenging.

Read the full article in Investment News.