There are many ways to earn an income in our society, and taxation on those earnings is just as varied. Income can be taxable, tax-deferred or tax-free. Tax-free sounds great, but it's limited to a few income sources. Tax-deferred income can delay taxation, but ultimately not escape taxation. Steve and Ken list the income items and their tax exposure in an easy-to-understand format to assist advisors in year-end planning.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More