Posted by gtractorfan on January 30, 2015 at 19:07:46 from (71.66.229.3):
In Reply to: Retirement taxes posted by vscummins on January 30, 2015 at 17:26:04:
Theoretically she should only have to pay income tax on the "gains", but I don't understand how this is all kept straight for instance when each year the investor has had to pay income tax on "dividends". With 401k's the investor has to pay social security tax on the money going in, but not income tax. I'm in the same situation as your mother, old enough to start drawing out. I feel like it's a shell game and the investor is not the one shuffling the shells. Also a big concern is what will inflation do to the money invested all those years?
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let�s make one more addition to our series on hydraulics. I�ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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