[Elizabeth]

You didn’t mention what your plans are for insurance until Medicare age but I wanted to toss this out for others reading this that might be considering ACA with subsidies.

You cannot get subsidies if filing “Married, filing separate” on your federal tax return.

[Jeremy]

I think it would be absolutely worth it to pay for a few hours with a CPA to develop a plan on how to best structure your withdrawals.

You’ll want to consider things like your RMD timeline, how much longer you have to draw down your inherited IRA, how much you should be taking from your taxable account (and when) vs how much (and when) from your IRA.

I think it would be money well spent to sit down with a CPA.

[Cari]

You probably shouldn’t be filing married filing separately even if you do have separate finances. One does not follow from the other.

So yes, consult a tax professional to minimize your taxes in retirement.

[Alicia]

With that level of income, you’ll pay federal taxes on 85% of your social security.

Whether you pay anything at the state level depends on your state.

[Author]

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