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I want to withdraw from my traditional IRA $15 000.00, I'm
I want to withdraw from my traditional IRA $15 000.00, I'm 69 years old, my income is $19,386 annually on social security. What do I have to pay on federal and state tax at time of withdraw … read more
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My mom was widowed earlier this year, after the joint required minimum distribution from their IRAs was taken (about $28k). As sole beneficiary, she now has about $600k in Trad. IRA assets. She would … read more
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I recently lost my job and I needed to withdraw money from a
I recently lost my job and I needed to withdraw money from a retirement IRA which was taxed 10%. How how much more will I be taxed on this next year? I am 64 years old and live in Colorado … read more
emc011075
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I am 58 years what are the limits I can contribute to my
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I am 67 years old, work full time and make about $100K per
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My question is for the current tax year (2018). I took an
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My wife and I both 73 years old are thinking about moving
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A taxpayer who is over 70.5 & is taking an RMD would like to
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My widowed and retired 75 year old father receives $1596 per
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I have been offered VSP thru work (voluntary severance package) with work ending Oct 30 and then a generous package but the taxes will be large since i will have worked almost a whole year first then … read more
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My parents are both over 80 years old. They receive approximately
My parents are both over 80 years old. They receive approximately $24,000 per year in Social Security payments. They still have money in an IRA and have been taking the minimum distribution. They do n… read more
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I am 72, retired, live on Social Security with no additional
I am 72, retired, live on Social Security with no additional income except the little I receive from an IRA and a small Retirement Fund from my years of employment. I do, however, receive a small mont… read more
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I have approximately $270,000 in an traditional IRA account
I have approximately $270,000 in an traditional IRA account and would like to know if I would be better off converting it to a Roth Ira? My only income now is Social Security, with my wife's SS is abo… read more
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