The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/as-mentioned-ira-withdrawals-increase-the-tax-on-29913155.aspx

Subject:  Re: Roth investing/withdrawing at 60 Date:  3/15/2012  3:44 PM
Author:  reallyalldone Number:  70366 of 75335

as mentioned, IRA withdrawals increase the tax on SS (so RMDs kind of get taxed twice) and if big enough increase Medicare premiums..

Not there yet but for some SS is only a component of income so it's tax on income not just SS, right ?

Other comment on Roth/Trad/RMDs/etc -

I will start looking at RMD possibilities in 2 years when I hit 59.5 and will plan accordingly but I will also keep in mind the advantages of inheritance of a taxable brokerage account as they are then. Right now, there's no requirement to do anything at any age and a stepup basis on it(at least I think that is true at the moment).

All of this does presume having more than enough for a lifetime but it IS hard to predict death date.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us