Episode 145: Tax Consequences

What tax consequences should you prepare for? We talk through the different accounts you may have and what kind of taxes to expect in retirement for each one.

 

Read more and get additional financial resources here: https://coveryourassetskc.com/episode-145-tax-consequences/

 

What we discuss on this episode:

0:33 - Taxes are one of David’s favorite topics.

2:51 - What do you need to know about tax-deferred accounts? 

6:14 - Roth accounts are taken out tax-free.

8:42 - What are taxable accounts?

11:41 - What happens with CDs?

13:45 - Why is life insurance part of the discussion?