A $300K IRA at 73: The Tax Math Nobody Expects скачать в хорошем качестве

A $300K IRA at 73: The Tax Math Nobody Expects

You saved $300,000 in your IRA. At 73, the IRS says you have to start taking money out — whether you need it or not. That's your Required Minimum Distribution. But here's where the math gets uncomfortable: that forced withdrawal doesn't just get taxed. It can push you into a higher tax bracket, trigger IRMAA surcharges on your Medicare, and increase how much of your Social Security is taxed. In this video, we run the exact numbers: Scenario — Robert (Single, age 73): • IRA balance: $300,000 • RMD at 73: $11,321 (factor: 26.5) • Social Security: $28,000 • Pension: $42,000 • Base income without RMD: $70,000 • Income WITH RMD: $81,321 • Tax bracket jump: 12% → 22% on portion above $48,475 • Extra tax from bracket jump: ~$1,132 • Social Security taxation increase: up to 85% taxable • If near IRMAA cliff ($109,000): RMD + pension + SS can push over By age 78: • IRA grows to ~$340,000 (even after RMDs, with 6% returns) • RMD at 78: $15,172 (factor: 22.4) • Higher forced income = higher taxes every year The cascade effect: RMD → higher MAGI → higher tax bracket → more Social Security taxed → possible IRMAA surcharge → effective tax rate far above marginal rate 📌 Key numbers: — RMD factor at age 73: 26.5 — RMD factor at age 75: 24.6 — RMD factor at age 78: 22.4 — RMD factor at age 80: 20.2 — $300K ÷ 26.5 = $11,321 first RMD — 2026 Single tax brackets: 10% up to $11,925 / 12% up to $48,475 / 22% up to $103,350 — IRMAA single cliff: $109,000 — RMD penalty for missing: 25% (reduced to 10% if corrected within 2 years) ⏱️ Timestamps: 0:00 — Your IRA is about to shrink — by law 0:20 — What is an RMD and why it exists 0:39 — The math: $300K at age 73 1:31 — The IRS Knocks 2:40 — The Tax Cascade 4:37 — It gets worse with age 5:13 — The Double -- RMD Trap 5:52 — The Escape Plan Sources: • IRS Publication 590-B, Uniform Lifetime Table • IRS 2026 Tax Brackets (Rev. Proc.) • CMS 2026 IRMAA Brackets • SSA Social Security taxation thresholds 📌 New to RMDs? Start here first: 👉 "Why Required Minimum Distributions Surprise So Many Retirees"    • Why Required Minimum Distributions Surpris...   📋 Full Foundations Series Playlist: 👉    • Retirement Planning Fundamentals   🔍 WHAT'S NEXT — SERIES 2 In Series 2, we go deeper into advanced retirement mechanics, including: • Social Security optimization and advanced claiming strategies • Medicare planning and IRMAA avoidance • Advanced Roth strategies (Backdoor Roth, QCDs, timing windows) • Withdrawal sequencing and income coordination • Estate and legacy planning mechanics Same math-first approach. No opinions. No hype. Next-level strategies. Stay tuned. #RMD #requiredminimumdistribution #IRA300K #retirementtax2026 #RMDtaxbracket #forcedwithdrawal #RMDage73 #taxbracketjump #SocialSecuritytaxed #IRMAAsurcharge #retirementincomeplanning #RMDcascadeeffect #traditionaIIRAtrap #RMDcalculator2026 #retirementtaxplanning #Rothconversion #RMDpenalty25percent #retirementmistakes #moneymechanics #noopinionsjustthemath