2 Tax Rules New Retirees Need to Know
Throughout your working life, you'll pay taxes on your income -- and chances are good your employer will take care of helping you fulfill many of your obligations to the IRS.
When you retire, your tax liability doesn't disappear. But you'll have to take control of learning the rules and follow them carefully to avoid penalties. In particular, there are two big tax rules new retirees must know.
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Source Fool.com