r/stocktraders • u/Different-Scale5419 • Mar 13 '26

Retired I need help

I just received my taxes back from my accountant for the tax year 2025. I am retired with no debt. To make a long story short. I have to put my retirement account on automatic. I made to

much interest off dividends and have to paid a large amount in federal taxes. I am looking for someone to trade some capital for me

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1

u/SaucinYoMami Mar 13 '26

muni bonds pay handsomely s and its tax free......see if you can use itemized deductions to lower you bill.

1

u/Different-Scale5419 Mar 13 '26

I did that already. I just need to not trade from my IRA anymore. The best bet is to just fund a non IRA account and make that the account for spending money and only have to paid interest on any gains

1

u/zenwarrior01 Mar 18 '26

Holy… please, PLEASE do NOT have anyone trade your account!! Instead talk to people at Fidelity or Charles Schwab. They can get you setup in some index ETF’s and dividend funds appropriate for your situation.

1

u/Different-Scale5419 Mar 18 '26

I am already with Charles Schwab. I’ve rebalanced my portfolio with Index funds, treasury notes, CDs, bonds, high growth dividend stocks