They send out tax rebate checks because they purposely over-tax us. And I notice they send them out right before election time. In NYS, Hochul (with a big smile on her face) called them "Inflation Relief checks." It’s a game they play thinking we are fools - they give us a bit of our own money back, but act like they are really caring and looking out for us.
I wonder if the commentators who are defending those who leave shopping carts all over the parking lot are also ones who do not return carts to the corral.
Healthcare costs have now reached a potential tipping point and soon we will see many companies walk away from providing insurance to employees. They may give employees the cash equivalent and have them go into the private market. Many healthy employees will refuse to join the private markets and then private insurance goes into a death spiral.
What really blows my mind is the large differences in health care costs from state to state and county to county within a state. (Including Medigap premiums)
Solid comments all around. I'm all for strategic Roth Conversions if they fit your goals. I perform small ones annually, mainly for my beneficiary children. But I also know nothing is guaranteed, especially when politicians look into ways to grab more taxpayer dollars. It wasn't so long ago that there was no such thing as IRMMA. I believed it was introduced in 2003. There was a time that Social Security wasn't taxed. And I recall there were members in Congress a few years back looking at the possibility of taxing gains in ROTH accounts when distributions are withdrawn. One congressman brought up a proposal to keep the Roth "rules" for the original owner & spouse, but once it becomes an Inherited ROTH account it should be taxable. Who knows what is down the road with the taxing of ROTH accounts?
Comments
When they passed and signed the ACA, Obama and Pelosi told us that premiums will go down.
Post: Affordable? Healthcare? How do you spread your risk?
Link to comment from November 10, 2025
They send out tax rebate checks because they purposely over-tax us. And I notice they send them out right before election time. In NYS, Hochul (with a big smile on her face) called them "Inflation Relief checks." It’s a game they play thinking we are fools - they give us a bit of our own money back, but act like they are really caring and looking out for us.
Post: Discussing money matters with friends- a slippery slope
Link to comment from November 7, 2025
I wonder if the commentators who are defending those who leave shopping carts all over the parking lot are also ones who do not return carts to the corral.
Post: Shopping carts. Please don’t consider this a rant. It is a lamentation.
Link to comment from November 5, 2025
Because today's slobs have no respect for others and our American values went down the toilet over the past few decades.
Post: Shopping carts. Please don’t consider this a rant. It is a lamentation.
Link to comment from November 5, 2025
Healthcare costs have now reached a potential tipping point and soon we will see many companies walk away from providing insurance to employees. They may give employees the cash equivalent and have them go into the private market. Many healthy employees will refuse to join the private markets and then private insurance goes into a death spiral.
Post: About those US medical costs….
Link to comment from November 2, 2025
In other words you are saying that the NYS taxpayer is paying for your retirement health care. Is that fair?
Post: IRMAA 2026 Of course it is fair
Link to comment from November 2, 2025
What really blows my mind is the large differences in health care costs from state to state and county to county within a state. (Including Medigap premiums)
Post: About those US medical costs….
Link to comment from October 26, 2025
Mr. Quinn: You're getting hit as bad as us in NYS.
Post: Social Security COLA announced this morning.
Link to comment from October 25, 2025
Agree with your assessment.
Post: Contrarian Thinking About Roth Conversions
Link to comment from October 19, 2025
Solid comments all around. I'm all for strategic Roth Conversions if they fit your goals. I perform small ones annually, mainly for my beneficiary children. But I also know nothing is guaranteed, especially when politicians look into ways to grab more taxpayer dollars. It wasn't so long ago that there was no such thing as IRMMA. I believed it was introduced in 2003. There was a time that Social Security wasn't taxed. And I recall there were members in Congress a few years back looking at the possibility of taxing gains in ROTH accounts when distributions are withdrawn. One congressman brought up a proposal to keep the Roth "rules" for the original owner & spouse, but once it becomes an Inherited ROTH account it should be taxable. Who knows what is down the road with the taxing of ROTH accounts?
Post: Contrarian Thinking About Roth Conversions
Link to comment from October 19, 2025