Retirement Tax Risks: Experts Urge Shift from Income to Asset Strategies

11 articles · Updated · 24/7 Wall St. · Apr 19

Americans relying on 401(k)s and Social Security for retirement may face unexpected tax burdens and benefit cuts, experts warn.
Withdrawals from retirement accounts can trigger taxation of Social Security benefits, while higher future tax rates and policy changes remain a risk.
Financial strategists recommend shifting from income-focused to asset-ownership strategies to minimize lifetime taxes and preserve wealth for future generations.

As benefit cuts loom, what can you do before 2032 to shield your retirement income from both insolvency and taxes?

Your 401(k) could trigger a surprise tax on your Social Security. Are you prepared for this hidden retirement penalty?

With Social Security facing a 2032 shortfall, is 'Buy, Borrow, Die' the only viable path to a secure retirement?

By 2036, debt and entitlements may consume all federal revenue. What essential government services are now most at risk?

If the wealthiest pay lower tax rates, can tweaking Social Security alone solve the nation's underlying fiscal imbalance?

How will the new OBBBA law, which benefits asset holders, affect the average American's retirement and the nation's debt crisis?