What are you doing at this moment?
- Thread starter RunningValkyrie
- Start date
Sitting in the living room with some weird show my mum is watching in the background
Reviewing an email from Social Security Administration to log into SSA.gov. It was showing what my payment next year would be with the new COLA of 2.5 percent, after they take out $185 for parts A&B of Medicare and my additional voluntary federal income tax deduction. I see that I successfully stayed below the IRMAA brackets for another year, or they would have taken out more than $185 for parts A&B and an additional amount for part D.
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Watching today's Liverpool / Girona match
Have you reached the age that you have to begin taking out RMDs from your IRAs? I'm close.
This, again, except this time the show is not that weird due to the fact that it is Cheers.
Picked about a dozen seedless naval oranges off the tree in my yard. Hundreds more to go.
I have a 457B plan from the last place I worked, and retired at age 55. 457B plans are like a 401K but for government agencies. I couldn't put any funds in Traditional or Roth IRAs while I worked at either Hughes Aircraft Company (HAC), or the public owned utility I retired from, because they both had defined benefit plans at the time I was working for them. My 401K from HAC had to put in a 401K rollover IRA when I started work with the public utility. Rollovers from a 401K directly to a 457B aren't allowed, because you can take early withdrawals from the 457B when you retire and not have to wait to age 62 like a 401K or IRA. I cashed out the rollover IRA at the end of the year when I turned 62. I also took out money from the 457B at age 64-66 to avoid IRMAA payments for Medicare, while also allowing me to delay Social Security payments until I reached 66.5 in December last year. I still have a lot of time before I have to worry about RMD's from my 457B, but the earlier distributions I made may be high enough that I don't have to have an RMD, or at least the amount will be less than if I waited to the last year to take distributions from the plan. I'll wait until the end of 2028 to see if there are any rule changes made by the federal government regarding RMDs from 457B plans.
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Watching one of my favorite movies, Apollo 11.
It's not my absolute favorite movie of all time (that would of course be 2001) but it is....right up there.
It's not my absolute favorite movie of all time (that would of course be 2001) but it is....right up there.
Enjoying a cold beer after going out and doing stuff. Just thought of an evil idea for one of my nieces or nephews. Just need to find a box.
Watching Liverpool / Tottenham
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Waiting to go into surgery.
Watching an episode of From the Earth to the Moon ("1968" - the one about Apollo 8)
Best of luck, I hope everything goes well / went well (depending on when you read this)!
Your secret is safe with us.
I want a jam donut now. Brought a pack of raspberry shortcakes that will have to do.
Watching the news.
You are brave.
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