Recent content by ScotsmanUS

Hopefully I am wrong I just read on the Social Security government site about the Wage Indexing freezing at 62 ( with your index for the 2 years prior to your 62nd year being fixed at a 1.0000 index or multiplier. Then I read an answer to an online question that stated this person needed to be...

I retired a few years ago and am living off savings and small amounts of IRA money in order to maximize my ACA subsidy. I had been planning to take SS at age 70, but .... I think I just learned that now I turn 62 this year (October) my SS amount at age 67 has been locked in, ie COLA adjustments...

Hi, my wife is 3 years younger than I am, so I will be leaving the ACA system and moving to Medicare when I am 65, 3 years before her. For those 3 years how do I determine her MAGI to determine if she qualifies for any help paying for coverage?? Normally I file our taxes as MFJ, do I need to...

We are planning to gift our son our current Primary Residence when we move back to the UK in our late 70's. I expect the home to be worth say $700,000 with $200,000 remaining on the mortgage. Since its our Primary Residence and will have been for over 2 years I assume I get the $500000 Married...

How to pay Taxes Not to hijack the thread but the OP hinted to the fact that conventional wisdom is not to pay the taxes using converted money but to use "other" money and keep 100% of the Roth conversion cash. Can someone explain what difference it makes? thanks Brian

Site is down ! Get an error and cannot order - geez.