During early retirement, do you pay SS tax, Medicare Tax when drawing from Roth IRA or 401k etc?
I pay those on earned income but i am not planning to work during early retirement
thanks
jim
SuzieQ said
05:51 PM Dec 30, 2015
You do not pay FICA on unearned income (investments, ROTH, 401K, pension). However, you might get the 0.9% Medicare add-on for high income individuals due to the Affordable Care Act (aka Obamacare).
During early retirement, do you pay SS tax, Medicare Tax when drawing from Roth IRA or 401k etc?
I pay those on earned income but i am not planning to work during early retirement
thanks
jim