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Retirement tax questions
Yes, they are definitely different numbers. It is $50K and change and $5K and change, which I just rounded for the purposes of the conversation. I appreciate the advice. She definitely got $50K, which just makes me very curious about the $5K. Why would they take SS and medicare taxes out of a non-taxable benefit, (they took 6.5% of the 5K) unless the real MWP is the $50K minus the $5K. All very curious to me. Appreciate your thoughts. Regards
Jim
‎April 19, 2024
5:45 AM