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Plan for your retirement by investing in tax-advantaged accounts and by using efficient withdrawal strategies to prepare for your retirement.
The amount of taxes you owe at retirement depends not only on your income, but also on your type of retirement vehicle and your timing of withdrawals. You may want to consider retirement strategies that provide tax-deferred growth or tax efficiency.
If you have an investment account outside of the tax-deferred retirement accounts discussed above, you should consider investments that are tax efficient.
Please note, investments may be offered only by properly licensed registered representatives. Product information is provided for informational purposes only and is not intended to advise or make recommendations on the purchase of a security. Always remember, the choices you make today can have a tremendous impact on both your current finances and your future retirement.
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1 In some cases, the alternative minimum tax (AMT) may apply.
Investments are offered through NYLIFE Securities LLC (member FINRA/SIPC), a Licensed Insurance Agency and a New York Life company.
This material is for informational purposes only. Neither New York Life nor its agents provide tax, legal, or accounting advice. Please consult your own tax, legal, or accounting professional before making any decisions.