The right mix of retirement accounts can lower your future taxes, experts say — here's what to know

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Whether you're mid-career or nearing retirement, it's important to know where you're investing — and how those accounts could impact future taxes, experts say. Many workers are heavily concentrated in tax-deferred savings via a pretax 401(k) plan or traditional individual retirement accounts, which incur regular income taxes on future withdrawals, based on federal tax brackets. However, many advisors recommend using a mix of pretax, after-tax Roth and taxable brokerage accounts for more flexibility in retirement. The right mix can provide "a lot of different levers to pull to manage your adjusted gross income," explained certified financial planner Judy Brown at SC&H Group in the Washington, D.C., and Baltimore area. More from Personal Finance: I lost my wallet. Here's what experts say I should do to protect my identity and money Weddings cost over $30,000: Couples are having 'micro weddings' instead This 'bucket strategy' could lower your taxes in retirement — how to maximize it Pretax distributions could bump you into a higher tax bracket or trigger higher Medicare Part B and Part D premiums, explained Brown, who is also a certified public accountant. Medicare Part B and Part D premiums are based on so-called modified adjusted gross income, which is your adjusted gross income plus tax-exempt interest, from two years prior.