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Author: onepoorguy 🐝  😊 😞
Number: of 48466 
Subject: SS taxes
Date: 01/07/2025 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.

https://finance.yahoo.com/news/ask-advisor-capital...
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Author: AdrianC ⎊🐝  😊 😞
Number: of 48466 
Subject: Re: SS taxes
Date: 01/07/2025 5:33 PM
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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.

Why is that? ACA?
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Author: onepoorguy 🐝  😊 😞
Number: of 48466 
Subject: Re: SS taxes
Date: 01/07/2025 7:49 PM
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We discussed that here a few months ago. I'll have to look back to remind myself of all the arguments. The ACA was a big part of it. Since we are retired already, having to pay more for health insurance is not appealing. So 1poorlady should wait until 65 when we both are on Medicare, and I can still wait until 70 (if I last that long).
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Author: onepoorguy 🐝  😊 😞
Number: of 48466 
Subject: Re: SS taxes
Date: 01/08/2025 1:30 PM
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Here was the most recent thread. I didn't read it all again. There was some debate, still. Those who wanted to enjoy the money now, versus those asserting that it makes more sense to maximize the funds (assuming you don't have a medical condition that could affect life span).

https://www.shrewdm.com/MB?pid=465770681&wholeThre...
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