Is it possible to pay $0 in taxes during retirement while also withdrawing from your retirement accounts? With the right planning, it may be. Here’s what to consider when building a tax-optimized retirement savings and distribution strategy.

When you shift from working for a living to living off your prior years of work, the way the money you pull from your various savings sources may also shift. It’s quite common for first-year retirees to be caught with a surprise tax bill due to this change, which may or may not require a change in how you plan and pay your taxes throughout the year. This article covers the various ways your savings may be taxed.