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Old 04-13-2011, 08:14 AM   #21
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Originally Posted by teejayevans View Post
Other than all you RICH people using this tax loophole to hoard your billions and not paying taxes...
So - what's your point? ...
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Old 04-13-2011, 09:06 AM   #22
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Ah. Thanks, that makes more sense. Next year, I am also shooting for a zero percent bracket, but after that I won't be either.
I am also considering shooting for 0 next year. But that would mean that I will have a bigger RMD on later years which will put me on a higher tax bracket. Wouldn't it be better if I withdraw some earlier and pay tax at the lower rate.
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Old 04-13-2011, 09:22 AM   #23
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I am also considering shooting for 0 next year. But that would mean that I will have a bigger RMD on later years which will put me on a higher tax bracket. Wouldn't it be better if I withdraw some earlier and pay tax at the lower rate.
Yes, it would be better. Folks in these low tax brackets look ahead to see what's up on the road ahead. They often convert some of their IRA money to a Roth IRA. This reduces future taxes and future RMDs.
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