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Is retirement checks earned incomeForum overview » Planning for early retirement » Is retirement checks earned income 
 
 mjb740
Posted 2009-09-23 13:07:17 My husband is 59 and has income from one job and is receiving a retirement check from another job. We live on the income from his job that he is working at now and we put the retirement money in a money market account at the bank to live on when he plans on retiring at the age of 62. We have to include the retirement money as income on our taxes which increases our adjusted gross income, is there something we can do with the retirement money so we do not have it included in our earned income?
joansmithbffr
Posted 2009-11-06 23:40:49 Make sure the deduction allowances are the same as your W4 when you were an active worker, and you should be just fine...
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