Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: napscoordinator

Well those that saved will be contributing to those who don’t.


Maybe not so much. The key to retirement financing is to withdraw from your IRA an annual amount that is less than half of your social security income for the year, assuming you have no other income. This will keep your total income below the level that becomes taxable. By paying no income tax, you are not contributing to the upkeep of useless eaters.


19 posted on 03/04/2016 8:56:33 PM PST by sparklite2 ( "The white man is the Jew of Liberal Fascism." -Jonah Goldberg)
[ Post Reply | Private Reply | To 8 | View Replies ]


To: sparklite2

Well you seem to believe the government is more innocent then I do. Remember the major problems don’t start for 20 years. I think by then they will say “tax the Roth” even though they have been taxed already. I think taxes will be at least 50 percent by then. Before the country completely falls apart they are going to take as much money from people they can first.


22 posted on 03/04/2016 8:58:46 PM PST by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson