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re: Congress is considering big changes to the way you retire

Posted on 8/10/19 at 9:12 pm to
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 8/10/19 at 9:12 pm to
quote:

The plan also would increase the amount of non-Social Security income one can earn before benefits begin to be taxed. The new limits would go to $50,000 for individuals and $100,000 for couples, up from today's $25,000 and $32,000 thresholds.



So a "retired" individual can withdraw and continue to work with a $50,000 a year salary?
Or more importantly, $100,000 for couples filing jointly. That's a nice tax cut for couples who've planned for their retirement properly and don't want to have to pay so much tax on their social security income.
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