Posts tagged as:

retirement

Fix the Tax Code Friday: Social Security Benefits

22 October 2010

If you follow me on Social Media at all (I’m on twitter here and Facebook here), you’ve probably heard me grumbling about the riots in France this week. I’ll admit it: it’s not about the French, I’m totally being selfish. My husband and I have been planning a trip to France for awhile (it just [...]

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Ask the taxgirl: Are IRAs Taxable?

26 March 2010

Taxpayer asks: Last year, I cashed in my IRA to pay off some doctor bills. I lost my job and couldn’t pay but I did have my IRA so I used that to pay. I used the whole thing. Last month, I got a 1099 that says that it is all taxable. Please help because [...]

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Ask the taxgirl: “Windfall tax” on Retirement

9 July 2008

Taxpayer asks: Is this true? Post this on taxgirl.com with an answer please. Windfall Tax on Retirement Income Adding a tax to your retirement is simply another way of saying to the American people, you’re so darn stupid that we’re going to keep doing this until we drain every cent from you. That’s what the [...]

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Obama’s Plans for Social Security

12 November 2007

It seems that nobody really knows what to do about Social Security. Or maybe it’s that lots of folks do really know, but nobody has the guts to do it… At any rate, presidential candidate Barack Obama and other Democratic presidential candidates have previously indicated that something needs to happen to save Social Security. Initially, [...]

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Tax Changes for 2006 (Pt 2)

7 March 2007

One of the most important tax changes for 2006 is the increase in the contribution limit for Roth and traditional IRAs rises for those taxpayers who are aged 50 or more. The increase is more than 10% from $4,500 to $5,000. But if you’re under age 50, sorry, the contribution limits remain the same. Even [...]

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