Capital gains taxes in 2021
If you're like many retirees, you may be depending on your investments to meet your needs. At some point you will likely access securities that you've held in an after-tax account (that is, not in an IRA, 401k or similar vehicle) and when you do you'll likely need to pay capital gains taxes. Luckily, long-term capital gains taxes (for positions held for 1 or more years) are typically taxed at a lower rate than ordinary income. But things could change. Look at what may be coming in 2021: taxes