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In reply to the discussion: Do you have a pension? [View all]DFW
(59,575 posts)23. I don't. My wife does
I still work, She doesn't. She draws a taxable monthly pension of a whopping 850 a month. We'll both be 68 this year. At least she is on the mostly good German version of medicare. I am on American BSBC, which is to say, virtually nothing at all. I have an American Roth IRA for which I paid the taxes up front and in full over ten years ago. In the States, what's in there should be all mine, but the Germans want 50%, and if both governments take out a total of 89.6%, that leave me little left. The Double Taxation Treaty was written before the Roth IRA became law, so the Germans pretend there is no such thing. Heil Honecker.
Let's just say, it's a good thing I'm still working.
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I do, unless GA Gov. Kemp and his cronies have gutted the Teacher's Retirement System.
GoCubsGo
Feb 2020
#11
My husband will have one if the state we live in doesn't mess with it.
redstatebluegirl
Feb 2020
#26
Yes, retired from state of Ohio 2 years ago with 21 years of service.
A Brand New World
Feb 2020
#46