Regarding tax on SS benefit again. newbigman2022-08-17 19:05:32

My calculation below (in another post) may not fit all of you and it could be even contain incorrect tax bracket (which change every several years)

But my key point is clear (and I think it is right):  When your "other-than-SS benefit-income" get higher, you pay not only tax on this income, you also have to pay additional tax on your SS benefit (which you don't have to pay any tax when your other income is lower).

  So at centain point, you will see  the bloody fact as "for every $1000 you withdraw from your 401K, you can only keep less than $600* for yourself." 

* the exact amount will depend on a) tax bracket at the time when you retired, c) How much you withdraw from 401k/year, c) Your other income (rental, interest, capital gain, pension etc.)

===

So the point is clear, but the solution in unclear!

 Here is the question for your guys:

Knowing that that is such penalty for SS benefit when you have high "other income", what is the best way to avoid it?  Your suggestion is really appreciated.

 

 

你似乎不懂MARGINAL TAX RAT. 退休后如还有EARNED INCOME，超过$19,560 SS会减少

I am not sure if "marginal tax rate" is applicable to

the solution is learn more about tax.

唉，你来错地方了，你这种考量是为了那些收入很低，只比SSN收入多一点点的人用的。这里都是地主

I am with you, brother.

you're absolutly right.

you're absolutely right/ invest in real estate is one of

该缴税就交吧

算也没用，该交水还是得交，跟填那个FALFA表格一样，填半天发现也没钱可以拿，不如不填了

什么是FALFA？听上去像是恐怖组织的名子？

就是大学那个家庭经济收入的表格？儿子的时候填一半放弃了，女儿的时候干脆不填了，女儿问为啥？

这里早讨论过了，趁年轻转Roth IRA

Thanks. This seems to be the best solution,

Assuming SS & 401K are two only income source

if you change jobs, you can convert 401k to IRA and you can

My understanding is: