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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Retirement Investing
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Author: onepoorguy ⎊✺🐝  😊 😞
Number: of 1281 
Subject: SS taxes
Date: 01/07/25 4:46 PM
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I know that cap gains are tax free if you earn less than about $96K per year (married filing jointly). But it still falls on your AGI, which affects your SS tax rate. Though it won't affect us since our combined dividends on investments already exceed the $44K limit (not by much, but it exceeds). So it looks like 85% of our SS income will be taxable. If I'm reading this correctly.

Which, given our determination that the lower-earning spouse taking it at 62 isn't a useful strategy any longer, we won't have to worry about for about 6 years.

finance.yahoo.com - Ask advisor capital gains dividends
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This community has written 1,207 posts about Retirement Investing. The article-length ones it recommended most:
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