Comments on: An Uncertain Birthday for Social Security https://seniorplanet.org/articles-uncertain-social-security/ Aging With Attitude Wed, 28 Aug 2024 15:18:09 +0000 hourly 1 By: William G Jackson Jr https://seniorplanet.org/articles-uncertain-social-security/#comment-517561 Wed, 28 Aug 2024 15:18:09 +0000 https://seniorplanet.org/?p=175659#comment-517561 Selecting when to take your benefit is a personal decision and one that should be factually based, not as the article strs,”based upon fear”. In terms of fixes;
Congress should repay the “loans” made earlier by ceasing the funding of ridiculous medical studies,ie,”changing the sex of honeybees*. The DS deduction limit should follow current wages and the COLA. I seriously doubt Congress will ta in e any appreciable action as they are more interrsted in character assassinations.

]]> By: Doreen Mullen https://seniorplanet.org/articles-uncertain-social-security/#comment-517560 Wed, 28 Aug 2024 15:13:53 +0000 https://seniorplanet.org/?p=175659#comment-517560 I know that if you’d been married for 10 years that you are entitled to your husband’s Social Security. I find it outrageous that 3 or more women can collect on one man’s Social Security. If a man gets married in his 20s and divorced several times it is possible for 3 or more women to collect.
My second thought is to raise taxable income above $168,000.

]]> By: Virge https://seniorplanet.org/articles-uncertain-social-security/#comment-517553 Wed, 28 Aug 2024 14:12:06 +0000 https://seniorplanet.org/?p=175659#comment-517553 In reply to Patricia M Bellace.

Preach!

]]> By: Patricia M Bellace https://seniorplanet.org/articles-uncertain-social-security/#comment-517550 Wed, 28 Aug 2024 13:46:44 +0000 https://seniorplanet.org/?p=175659#comment-517550 In reply to Molly Markert.

Molly — The Federal government also taxes your SS income unless your overall income is very low. As I understand it, that the formula for the taxing of SS income hasn’t been inflation adjusted since it was started. If I’m right — perhaps AARP could confirm this — start right there. Demand that your state and federal representatives do something to eliminate or adjust the taxing of SS income. Next demand that no one who hasn’t paid in gets SS. I could go on but I out of “characters”.

]]> By: Molly Markert https://seniorplanet.org/articles-uncertain-social-security/#comment-517482 Wed, 28 Aug 2024 04:22:12 +0000 https://seniorplanet.org/?p=175659#comment-517482 On top of COLA’s that don’t keep up with cost of living increases, some states, Colorado for example, tax the SS income. That seems greedy and wrong spirited to me. As you note, we paid in and believe “it’s our money” and having to pay taxes, on top of the outrageous, inconsistent and excessive MCare premiums, takes the thrill out of the momently check.
What can we do to enact change?

]]> By: Nancy Bauer https://seniorplanet.org/articles-uncertain-social-security/#comment-517461 Wed, 28 Aug 2024 00:10:03 +0000 https://seniorplanet.org/?p=175659#comment-517461 I did wait for my full retirement benefits from social security by once again the government did Not give me accurate information. I was still working and they didn’t explain that my benefits would increase if I waited to take them at 70. The smart thing I did was invest those payments in my brokerage account and made more than I would have if I had waited. My Grandmother always told me to never rely on the government and that has proven to be true to this day! Educate yourself

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