Talk of The Villages Florida - View Single Post - Tax-free IRA distributions and RMD’s?
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Old 07-07-2025, 03:52 PM
ton80 ton80 is offline
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Default SS of 60K Already Puts The Couple in Tax Paying Position

Quote:
Originally Posted by Plinker View Post
Thank you. Yes, you are correct. This is why I posted the thread. It seemed to be to good to be true. However, would it not allow a distribution up to the new standard deduction?
Your example of SS = 60K is already more than the increased Standard Deduction. There is no tax free money to be gained. There can be some minor reduced tax rates at the income level breaks but nothing substantial.