Description

American Financial Education Alliance -AFEA- is a non for profit financial literacy program in which our founders support and teach the Naperville area chapter. These classes are FREE to attend with registration that can be found @ https://www.myafea.org/event/13127 In this course you will learn: -How and why the marginal tax system differs in your retirement years to your detriment -Will you really take money out of your IRA at a lower tax bracket than you put in -Understand the provisional income calculation on your Social Security payments -Understand how Capital Gains and Dividends impact your overall tax liability differently in retirement -The difference between deductions, exemptions and credits on your tax return -Know the 9 different pieces of the tax system How IRA Required Minimum Distributions work and effect your tax liability -How Social Security is taxed -When Medicate premiums can increase as a result of your income Get to know the tools that can be used for tax control