[trek]

Here is the worse news friend.

I suspect the crooks in DC will ultimately "Save Social Security" by extending the FICA tax to pension payments and IRA withdrawals (Roth and Traditional).

They will then claim that "every dime of your promised SS has been paid." And after all they only claimed that Roth IRA withdrawals would be free of income taxes. They never said anything about them being exempt from an extension of the FICA tax.

If this sounds like the tyrants in Washington would be giving you a SS check with one hand and taking it away through the tax code with the other. Just remember they only promised to give you a Social Security check. They never said anything about letting you keep it.

[CGASMIA68]

good point about the FICA on traditional IRAs...I have one I was going to deplete last but may now do that 1st as it is only 3% of retirement holdings.....put that in the coffee can..with the bullion

[EVO X]

I suspect the crooks in DC will ultimately "Save Social Security" by extending the FICA tax to pension payments and IRA withdrawals (Roth and Traditional).

I wouldn't think that would be likely. You've already paid the tax. SS and Medicare withholding are calculated before IRA and 401K deductions.