MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

The Invisible Tax-Free ATM 🤫

28 Jun 2026 · 1 min

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Mark Kohler explains why people near 60 should delay Social Security: extra income from rentals or retirement accounts pushes you into higher tax brackets and increases Medicare premiums. A qualified Roth IRA is different—withdrawals don't count as taxable income, so you can pull cash without triggering those penalties.

Chapters

Let's imagine you're age 60. By the way, it comes a lot faster than you think. And you've started to look at Social Security and you have a range of when you can claim Social Security. And I want you to wait as long as possible. Maybe you got a little rental income. Maybe you've got a small business that's still creating some income for you. And maybe even some traditional retirement accounts that you can pull money out when you want, knowing you're going to get taxed. See, all of those different areas are going to increase your taxable income and put you in a higher tax bracket. It can even affect your Medicare premiums and how you're going cover your health insurance costs. It can affect how much of your Social Security is taxed. But your qualified Roth IRA, they're different. That little ATM around the corner, no one knows about it. No one cares. It does not show up on your tax return. That Roth IRA can give you income without adding to your taxable income.