AARP Provides Tips on Minimizing Your Tax Bill Through Retirement Planning
CHICAGO, Feb. 29, 2012 /PRNewswire-USNewswire/ -- With the April 17th tax filing deadline just around the corner, AARP is providing tips for individuals looking to protect their financial assets through retirement planning.
"The recession took a huge toll on the nest eggs of many older Illinoisans," said Bob Gallo, AARP Illinois State Director. "AARP wants to help ensure the financial security of all generations by providing resources that focus on letting you keep more of the money you have earned over a lifetime of hard work."
AARP will be hosting a webinar, "Social Security and Taxes" on March 8, 2012 at 6:00 p.m. (CST). The webinar will teach the basics about how Social Security can impact individual income taxes. Only about one-third of individuals are required to pay taxes on their Social Security retirement benefits.
This free, informational webinar will also provide tips for minimizing income tax bills through retirement planning. The webinar is designed for individuals who are single as well as those who are married, divorced or widowed.
"It is so important to develop a financial plan for retirement, no matter what your age," added Gallo. "Whether you are still in the workforce or retired and collecting Social Security, this webinar will provide helpful tips for ensuring lifetime financial security."
To register for the AARP webinar, "Social Security and Taxes" on March 8th, visit:
SOURCE AARP Illinois