Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

6 New Ways Retirees Can Save on Taxes This Season

January 20, 2023 · Taxes
save
Image By Natee Meepian From Shutterstock

Are you trying to save more money when filing your taxes this season? We got your back!

With tax season looming upon us, it is best to try to get our tax files in order and prepared for filing (as well as look into how to save some money). After all, you do not want to end up having to gather all those papers in the last hour, and if you are prepared in advance, you may be able to save some money on your tax bill if you are smart about your finances.

Be it that you are a retiree and you are trying to save as much of your nest egg as possible or that you are going to retire soon, it is never too soon to preserve more of your hard-earned dollars. Here are some of the most effective legal ways to save money on your tax bill!

Let us know in the comments what your money-saving tips and tricks are in the comments section!

Pages: 1 2 3 4 5 6 7

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • amazon prime, money Here’s How to Get Your Refund From Amazon’s $2.5B FTC Settlement
  • social security, Social Security task Who Will Receive Social Security Payments on January 14, 21, and 28?
  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 5 Costco Products That Cost More Due to Trump’s Tariffs
  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office

Related Articles

stealth

7 Stealth Taxes that Can Destroy Your Retirement

The whole purpose of retirement income planning is to optimize your retirement funds as much…

Read More →
companies credit card

15 Companies That Will Take Care of Your Student Loans

These 15 Companies Will Pay Your Student Loans: The problem with student loan debt is…

Read More →
property taxes

Here Are 10 States With the Most Favorable Property Taxes

How Much Property Tax Do YOU Pay? Every state has some sort of property tax.…

Read More →
Tax

5 Tax-Efficient Ways to Share Wealth with Kids

Have you thought about how your taxes could affect your child’s financial future? Parents and…

Read More →
income tax, change

These 9 States Have No Income Tax

Everyone wants to have their tax rates reduced. But this isn’t as impossible as some…

Read More →
tax

7 Random Things You Will Get Taxed For

If you’re working, you know that the money you make is taxable. You also probably…

Read More →
A graph showing the comparison between a standard deduction amount and itemized deductions for a retired couple, illustrating which option results in lower taxable income.

10 Overlooked Tax Deductions for Retirees

Welcome to retirement! This new chapter of your life should be focused on enjoying your…

Read More →
change return

9 States That Made Big Changes to Their Tax Laws

Were you aware of these big changes to the state laws? Maybe you are aware…

Read More →
A graph showing IRS income thresholds for determining the taxability of Social Security benefits for single filers and married couples filing jointly, along with the corresponding tax percentages.

The Tax Implications of Your Social Security Benefits

Welcome. If you’re approaching or enjoying retirement, you’ve likely thought a great deal about Social…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.