I will end up double-paying on much of it

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Mar 14, 2019
3:13:01pm

Sea Chicken Surly

I will end up double-paying on much of it

I pay on gross and haven't kept track of when I rolled over funds from one account to the other, so I have no way of knowing how much I contributed and how much is growth.
My wife and I both have Roth accounts that we will probably only pay on the growth.

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Sea Chicken

Bio page: Sea Chicken
Joined: Jun 26, 2001
Last login: Apr 24, 2024
Total posts: 58,665 (1,381 FO)

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Messages

Author

Time

How do you plan to handle tithing on retirement account growth (Trad or Roth)

snowbird

3/14/19 2:59pm

Not pay on it now and then pay on it as I withdraw it

cougarfann888

3/14/19 3:00pm

For those that pay on gross and are doing this, what about social security?

cougaman

3/14/19 3:17pm

I treat social security, 401k, and pension contributions all the same way — I

chilango

3/14/19 3:20pm

We stated doing that on 401K, but not social security. I'm not sure if I'll

cougaman

3/14/19 3:25pm

I pay on my pre-social security because it is a tax, not an investment

AggieWeekendCougar

3/14/19 3:27pm

What will you do if/when you recieve SS?

cougaman

3/14/19 3:28pm

Not sure. At this point, however, all indications are I won't see a dime.

AggieWeekendCougar

3/14/19 3:48pm

I am not sure why people think this?

cougarfann888

3/14/19 3:54pm

I agree. It will be there. Can you imagine trying to

Jdoc

3/14/19 4:00pm

I don’t pay as I contribute so I will pay tithing

Jdoc

3/14/19 3:05pm

This is my personal view. The money isn't an "increase" to you and your...

CougaReb

3/14/19 3:09pm

Plus if you pay now, do you pay on employers contributions?

cougaman

3/14/19 3:18pm

Great. You made me realize I'm not paying on my Group Term Life as well 🙂

Guppy

3/14/19 4:21pm

I will come here to CB and ask each and every one of you what I should do that

RC Vikings

3/14/19 3:05pm

I will end up double-paying on much of it

Sea Chicken

3/14/19 3:13pm

I'm in much the same boat with IRA. At least with SS, you can figure out how

mtnKat

3/14/19 6:05pm

Is there really an easy way to figure that out, or do you have to keep track, or

cougaman

3/14/19 6:11pm

Yes. The SSA keeps it and you can see it on your account, what

mtnKat

3/14/19 8:42pm

Same, but there are so many other "increases" I get in life...

runnincoug

3/15/19 4:02am

Crap

MapCoug

3/15/19 9:24am

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