Retirement Income: IRAs, Roth, RMDs, and Social Security

Free IRS Enrolled Agent SEE Part 1 (Individuals) lesson in Income and Assets. 19 min read, ~2,834 words.

2025 IRA limit \$7,000 (\$8,000 if 50+); Roth phaseout \$150k to \$165k single, \$236k to \$246k MFJ; traditional deduction phaseout (active participant) \$79k to \$89k single, \$126k to \$146k MFJ. RMDs at age 73 (SECURE 2.0); first RMD can defer to April 1 of the next year; missed-RMD excise 25%...

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