The cure for ileocecal valve syndrome? Eliminating certain foods for several weeks, such as raw fruits and vegetables (celery, carrots, cucumber, tomatoes), nuts, seeds, popcorn, spicy foods (salsa, cayenne pepper, hot peppers, chili powder) and stimulants (coffee, tea, caffeine, alcohol, chocolate).
Instead of a distributionof $10,000, letâs say the IRA ownertakes out a distribution of $25,000.This pushes the MAGI above$44,000, making $17,000 of SocialSecurity taxable.However, you can control howmuch tax you pay on Social Securityin many instances by controllingyour IRA distribution strategy.
Mathematically speaking, the most taxes you will pay on a $5,500 contribution is roughly $2,150 ($7,650 X 28% tax bracket). You canât contribute to a Roth IRA if you make higher than a 28% tax bracket ($189,000) as you see in the chart above. So for those of you who think youâll be making more than $189,000 a year in retirement and are afraid to pay a 33% or higher federal tax rate, good luck to you.