How to Save Big on Taxes in ‘The Goldilocks Zone’

The five-year period from age 65 to 70 offers a unique opportunity for many to potentially save tens of thousands through Roth IRA conversions.

(Image credit: Anton Brand)

When people retire they often drop down a tax bracket because they no longer have anyearned income. For example, a couple may be in a 25% tax bracket while they're working, butafter they retire they could easily find themselves in the 15% tax bracket.

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Mike Piershale, ChFC
President, Piershale Financial Group
Mike Piershale, ChFC, is president of Piershale Financial Group in Barrington, Illinois. He works directly with clients on retirement and estate planning, portfolio management and insurance needs.