Do you know that if you pay off your home for retiremt under BOs tax plan, you will have to share the wealth?

Under Obama's plan, seniors making under $50,000 will not pay any tax at all. Just withdraw the IRA money over a few years, instead of in a single lump sum. It could be completely tax-free that way. Or if you withdraw it $100,000 at a time, you still come out better under Obama. Obama's rates are higher for over $250,000 a year; McCain's are higher for incomes up to $250,000.

Don't be impatient to empty out the IRA all at once - it's a bad idea. No matter who is president, you would pay more than you need to. Even under McCain's plan, if you withdrew $250,000 all at once you'd put yourself into the 33% tax bracket, and you don't want to do that if you can spread out your withdrawals over a few years and keep your income in the 15 or 25% brackets. (Obama's plan calls for the 33% bracket to go to 36%.) Your tax savings would probably more than offset the interest you would pay on the mortgage. You should speak with a tax advisor with the specifics about your income, mortgage debt and IRA balance to plan your withdrawals.

I love Obama's policy for seniors - in my case, all my IRA withdrawals would be tax-free even though I don't have a Roth - because my income will always be under the $50,000 threshhold.

Where is your source for this nonsense? Unless you make $250,000 a year your vote for McCain will be a vote against your own interests. You will be helping the rich get richer.

McCain's "Spread The Lies" campaign