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Baby Boomers

SheilaT

(23,156 posts)

11. Very good.

Reply to wryter2000 (Reply #10)

Sat Jun 21, 2014, 04:13 PM

Jun 2014

Because recent retirees trying to totally avoid taxes make me a little crazy.

I actually pay extra into Medicare because I have investments that generate enough money to do so, money that doesn't even pass through my hands, so it is somewhat annoying, but I keep on reminding myself that I am vastly more fortunate than many.

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Can I ask a stupid question about retirement here? [View all] wryter2000 Jun 2014 OP

if you put that exact question into Google dixiegrrrrl Jun 2014 #1

good link OKNancy Jun 2014 #2

You still have to pay Medicare part B. El Supremo Jun 2014 #3

Many thanks wryter2000 Jun 2014 #4

I don't think you can retire here. Skinner won't allow it. ret5hd Jun 2014 #5

Damn wryter2000 Jun 2014 #6

You do not pay Social Security or Medicare tax on your Social Security. You do pay on Hoyt Jun 2014 #7

Very helpful wryter2000 Jun 2014 #8

What others have already said. SheilaT Jun 2014 #9

It's not about avoiding taxes wryter2000 Jun 2014 #10

Very good. SheilaT Jun 2014 #11

You said a mouthful wryter2000 Jun 2014 #12

Well, Sheila, it's all about how much the retiree is getting.. whathehell Oct 2014 #13

If your only income is your measly social security check, SheilaT Oct 2014 #14

Well, that's very good.. whathehell Oct 2014 #15

There is some minimum below which there are no federal income taxes SheilaT Oct 2014 #16

Thanks for that information, Sheila T. whathehell Oct 2014 #17

and that's why they may LiberalElite Mar 2015 #25

I posted this earlier but here is info about taxes on SS OKNancy Oct 2014 #18

I paid federal taxes on a portion of my income..... llmart Oct 2014 #19

The rule about your SS being reduced SheilaT Oct 2014 #20

Just because it's been around forever.... llmart Oct 2014 #21

Once you turn 66 they won't take SheilaT Oct 2014 #22

Yes, I already know that they won't take any next year.... llmart Oct 2014 #23

All I can say is that at least you already know about this, SheilaT Oct 2014 #24