Talk of The Villages Florida - View Single Post - Crypto Currency and Child Tax Credit
Thread: Crypto Currency and Child Tax Credit
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Old 10-21-2021, 09:44 AM
Frame44 Frame44 is offline
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Quote:
Originally Posted by Larchap49 View Post
My two cents, collect at 67 or whatever is your full retirement age, deposit the monthly benefit in a Roth IRA. Waiting until. 70 you will likely not live long enough to recoup the money you left on the table. I suggest you do the math and see how many years you would have to live to break even. When you finally retire all money in the Roth is tax free.
Doesn’t that depend on what kind of income you enjoy from age 67-70?