This Simple Retirement Mistake Is Costing Americans Billions
When you work hard to save for retirement, you want to make the most of your money. Unfortunately, many seniors aren't doing that. Instead, far too many retirees are wasting some of the funds they put into their retirement plans by sending it to the IRS to pay penalties instead.
A simple retirement mistake is causing this undesirable outcome, but the mistake has big consequences, as the error costs seniors an estimated $1.7 billion annually, according to Vanguard. Here's what the error is, along with some details on why so many retirees are falling victim to it.
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Source Fool.com
