8.1K views · 31 reactions | Paying federal income tax can be confusing. Start by understanding progressive tax brackets. | AARP | Facebook
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Income tax bracket calculation
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The point of deferring taxes was that you would be in a lower tax bracket in retirement when you start your 401k & IRA withdrawals— but it doesn’t always work out that way. Also, this additional income can cause your Medicare Parts B and D to increase. See IRMAA (the surcharge the rich pay for Medicare Parts B & D) on www.TheMedicareFamily.com | The Medicare Family
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