In this episode of Watts on Wealth Radio, Barry Watts and Ralph Hip delve into the impact of taxes on retirement savings and the importance of understanding tax structures. Barry highlights the history of taxation, from the introduction of income tax in 1913 to today’s inheritance limit. He explains ordinary income tax versus capital gains tax, offering insights into tax-efficient strategies. The discussion also includes Medicare enrollment, which ends December 7, along with the importance of long-term care planning. Barry explores the benefits of health savings accounts (HSAs) and life insurance retirement plans (LIRPs) to help secure a stable financial future.

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- 036. Medicare -

“Thank you for Listening” - J. Barry Watts

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