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Jill on Money with Jill Schlesinger

Eliminate Risk and Lower Your Tax Bracket

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Education, Business, Investing

4.61.9K Ratings

🗓️ 20 December 2018

⏱️ 30 minutes

🧾️ Download transcript

Summary

There's a massive freight train bearing down on the average American investor, and it's coming in the form of higher taxes.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, it's Jill Schlesinger, and on this episode, we're talking about how you can get to the

0:08.8

0% tax bracket.

0:11.2

The real question I think is for 75 million baby boomers who have a

0:15.0

choice of either paying taxes today on the retirement savings or post-pending the

0:19.0

payment of those taxes to help much further down the road that they are going to

0:22.1

save massive amounts of money by taking

0:24.4

advantage of this tax sale. And if they let even a year go by, where they don't strongly

0:29.3

consider shifting money to tax-free investments like Roth IRA's, they're missing an opportunity and

0:33.9

that opportunity will never ever come back.

0:35.8

Welcome to the Better Off Podcast. We're sponsored by Betterment, the largest independent

0:41.2

online financial advisor.

0:43.0

Well, we've been talking over the last few weeks about the fact the years coming to a close

0:47.5

and some of the important things that you need to think about with regard to your money.

0:52.6

Just in time, we are squeezing in one last interview

0:56.3

with somebody who's really passionate

0:59.3

about where we are in the tax cycle.

1:03.3

His name is David McKnight.

1:05.8

He's written a book called The Power of Zero,

1:08.5

How to Get to the Zero percent tax bracket

1:11.5

and transform your retirement.

1:14.8

I think this is really important because with tax laws changing,

1:18.3

you need to understand what are the opportunities that exist?

...

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