No. of Recommendations: 0
I think lamons' question was more elementary than that. Customary apologies in advance if I am wrong. If you delay taking IRA distributions past age 59 1/2, your required distribution will be larger. Therefore, your income may grow to where a portion of your Social Security is taxable. That is all, I think.

The relevant calculations are provided in the worksheet on Page 25 of the Form 1040 Instructions for 1998.

I have not read the WSJ article, but it implies that the retired are growing ever richer, and therefore richer compared to the median family, who are still stagnating.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
Live Video Event Monday!
The GP team is hosting a live video event on Monday at 4 p.m. ET. Don't worry if you can't make it — we'll have a replay and a transcript. Click for more!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.