AUTHOR: Chris Rush on 8/6/2026 FIRST: R Quinn on 8/6 | RECENT: DAN SMITH on 8/11
Comments
For sure, but sometimes one gets the impression that some folks would rather give anyone $100 rather than give the govt $24 or whatever the marginal rate is. I don't like paying taxes either, but lowering my RMDs by giving away my "surplus cash"...guess I've a way to go for that to make sense.
Since I don't know the amounts involved, perhaps you need the management, but if significant sums are present, paying the surcharge seems reasonable to access bundles of cash that allow you to pay without any stress. I'll be paying higher IRMAA whether I sell my stock winners or not, which might explain spending my time doing something besides yet more tax management.
It seems odd to me that you've made 90% on these stocks, but fear a very manageable (and fair) IRMAA surcharge or extra percentage on your tax bill, when you've killed it in the market.
The coffee made with their beans tastes better than coffee made with some other beans. Still other beans probably taste better than Starbucks. I'm simply reporting my experience, guided by comparison, not marketing. It was not the latter that brought Starbucks to my attention, but the fact that they took over the business I had already been patronizing (Coffee Connection). I'm convinced the latter was better than Starbucks, but you can't drink old memories.
I stand by my statement. "The literature" does not determine my biological experience. And note, I don't buy beverages or food in their stores, just beans to grind and brew my own coffee at home, which is not at all the focus of their marketing efforts.
Comments
For sure, but sometimes one gets the impression that some folks would rather give anyone $100 rather than give the govt $24 or whatever the marginal rate is. I don't like paying taxes either, but lowering my RMDs by giving away my "surplus cash"...guess I've a way to go for that to make sense.
Post: Risk and Taxes
Link to comment from August 8, 2026
Since I don't know the amounts involved, perhaps you need the management, but if significant sums are present, paying the surcharge seems reasonable to access bundles of cash that allow you to pay without any stress. I'll be paying higher IRMAA whether I sell my stock winners or not, which might explain spending my time doing something besides yet more tax management.
Post: Risk and Taxes
Link to comment from August 8, 2026
I am always puzzled by this strategy to give away money to lower a tax bill that will cost much, much less.
Post: Risk and Taxes
Link to comment from August 8, 2026
It seems odd to me that you've made 90% on these stocks, but fear a very manageable (and fair) IRMAA surcharge or extra percentage on your tax bill, when you've killed it in the market.
Post: Risk and Taxes
Link to comment from August 8, 2026
Indeed! A "cool" winter in Key West delivered those three weeks without the units humming away. Rather a different story right now!
Post: The Price of a Cool Pillow
Link to comment from June 25, 2026
See above on my timeline and how I simply shifted to Starbucks when they took over a coffee space I was patronizing already in the 1980s.
Post: Dickie and his magic beans
Link to comment from May 7, 2026
Wait until they start putting dirt in there and I just mindlessly brew that!
Post: Dickie and his magic beans
Link to comment from May 7, 2026
The coffee made with their beans tastes better than coffee made with some other beans. Still other beans probably taste better than Starbucks. I'm simply reporting my experience, guided by comparison, not marketing. It was not the latter that brought Starbucks to my attention, but the fact that they took over the business I had already been patronizing (Coffee Connection). I'm convinced the latter was better than Starbucks, but you can't drink old memories.
Post: Dickie and his magic beans
Link to comment from May 7, 2026
I stand by my statement. "The literature" does not determine my biological experience. And note, I don't buy beverages or food in their stores, just beans to grind and brew my own coffee at home, which is not at all the focus of their marketing efforts.
Post: Dickie and his magic beans
Link to comment from May 7, 2026
Indeed. Perhaps I was not clear above. It was Coffee Connection prior to the takeover that I was recalling with fondness.
Post: Dickie and his magic beans
Link to comment from May 7, 2026