For new retirees, it's more important than ever to take full advantage of every tax break available. That's especially true if you're on a fixed income. After all, you have to stretch out your retirement savings to cover the rest of your life. But holding on to your money during retirement is easier said than done. That's why retirees really need to pay close attention to their tax situation.
Unfortunately, though, seniors often miss valuable tax-saving opportunities. In many cases, it's simply because they just don't know about them. Don't let that happen to you — check out these often-overlooked tax breaks for retirees. You could save a bundle!