are you counting all their social security or just the amount that's taxable?bigoilboomer wrote: ↑Thu Mar 30, 2023 3:32 pm My dad is 72. Between social security, pensions, his RMDs from his IRA, and the standard deduction, my parents are $15,000 below the cutoff between the 12% and 22% tax bracket.
My mom is 65. It looks like they'll be $15,000 above the cutoff between the 12% and 22% tax bracket when her RMDs start in 7 years.
what do you believe mom's RMDs will be starting in 7 years?