100% of retirement accounts in Roth- is tax bracket 0%?

Wouldn't this issue become 'low hanging fruit' for congress? They can easily decide that this avoidance of medicare premiums wasn't their intent with Roth, and they act by including Roth income for this, and perhaps for social security purposes as well. Perhaps Sandra's cynicism has rubbed off on me.

JOE

Reply to
joetaxpayer
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8% of retirees have to pay
[snip]

I found a site which gives different statistics than those which you have posted.

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58 "The standard Medicare Part B monthly premium will be $93.50 in 2007, an increase of $5.00 or 5.6 percent from the current $88.50 Part B premium, considerably lower than was earlier projected. This premium is the smallest percent increase in the Part B premium since 2001 and less than half of the dollar increase in the premium for 2006. "

and

"In 2007, approximately 4 percent of Medicare Part B enrollees with higher incomes will pay a higher Part B premium based on their income. The income-related Part B premiums for 2007 will be $105.80, $124.40, $142.90, or $161.40, depending on the extent to which an individual beneficiary's income exceeds $80,000 (or a married couple's income exceeds $160,000), with the highest premium rates only paid by less than 1 percent of beneficiaries whose incomes are over $200,000 (or $400,000 for a married couple). "

Perhaps a greater percentage of MIFP readers/posters will be subject to the higher Medicare premiums than in the general retirement population. Still, this seems like a non-issue for most folks.

Elizabeth Richardson

Reply to
Elizabeth Richardson

Well ... strictly speaking -- that's exactly where you've gone wrong in your analysis. Our nice representatives out there in D.C. *will* find a way to bone us, and bone us hard.

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Reply to
Sgt.Sausage

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