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View Diary: Social Security Rashomon: an Actuary, a Defender and a Reformer Meet (33 comments)

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  •  Will someone with numbers acumen kindly figure (3+ / 0-)

    into this the effect of my least favorite law, namely the provision which makes even naked SS benefits taxable as income as to half of it when the total amount receivable in a year is 25K, and then up to taxable as to 85% at 32-34K. Because at that point, SSers have a haircut at whatever the rate is for the amount that is taxable which has to be figured into the mix when we are talking decades out. That's another one like AMT which needs fixing because a lotta folk are gonna be over that line and their presumed benefit laws trimmed by 10-15 percent which is not being taken into account.

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