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View Diary: This is the real 'rate shock': My parents' amazing Obamacare story  (164 comments)

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  •  Retirement income is taxed (0+ / 0-)

    When you put your money into your retirement account, it wasn't taxed. When you take it out, that's when it is taxed. That's the way income taxes work: you are recognizing the income when you remove the money from the retirement account.

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