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Old 05-04-2015, 01:28 AM
 
71,463 posts, read 71,652,652 times
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it usually ends up being a catch 22 situation.

the reality is that unless we are talking someone with all roths the odds are someone with enough resources to delay ss while retiring early and not deplete assets dangerously low will likely not have an income low enough to not have ss taxed.

lower incomes generally reflect lower resources .

trying to delay while spending down assets that get depleted to low is never a good idea. i think you will find most with enough resources will have incomes that are already to high to make not getting ss taxed an option.

you will also find that most who can afford to delay can do so because they have the resources invested .

spending down those investments and losing the compounding on them forever greatly shifts the equation too .

loss of spousal benefits until your fra can be another . in our case for every year i delay pre fra marilyn losses a 3k kicker added to her benefit she is already collecting.

the bigger ss check may end up getting your ss taxed.

medicare increases are uncapped until you file as well.

there are so many parameters working against delaying that it really is going to boil down to betting on your own longevity . to come out ahead by enough to make it worth it you need to live until 90 as a minimum .

Last edited by mathjak107; 05-04-2015 at 02:11 AM..
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Old 05-07-2015, 01:06 PM
 
708 posts, read 501,365 times
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I was told by a friend that IRA distribution that you take does not count against your earnings test for SS taxation
but from what I am reading from this is thread and embedded articles that is not true. Am I correct in that assumption?
Thanks
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Old 05-07-2015, 01:09 PM
 
71,463 posts, read 71,652,652 times
Reputation: 49027
your friend is wrong, only roths do not count
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