67-Year-Old Costs Himself $1,315 A Year In Taxes Using A Treasury Fund To Add $1,000 A Month In Income To His Social Security And Pension. If He’d Used SCHD Instead His Tax Bill Would Be Reduced By Over 60%

A retired man collects Social Security and a pension, adds $1,000 a month from a popular Treasury fund, and ends up handing the IRS a bill he never needed to pay. The fund type is the culprit, and the fix is hiding in plain sight.