Displaying 3 Forum Posts 
  • Nov 06, 2016 07:02 AM
    Last: 1yr
    42k
    Regarding 2017 changes to SS, if I'm earning $89, 880, that's $45k over the limit for a $15K benefit reduction per year? I suspect paying me back for that money would bring the cap into play? Also, if the SS taxes are not being taken out of my paycheck in 2017 (I'm still working, draw SS benefits, and over 70 years old), how do I pay it? Will I have to pay it with my income taxes at the end of the year?
  • Oct 26, 2016 12:54 PM
    Last: 1yr
    5.4k
    Does that still apply if I'm over 70? If so, and I'm earning $89, 880, that's $45k over the limit for a $15K benefit reduction per year? I suspect paying me back for that money would bring the cap into play? Also, if the SS taxes are not being taken out of my paycheck, how do I pay it? Will I have to pay it with my income taxes at the end of the year?
  • Oct 26, 2016 12:54 PM
    Last: 1yr
    5.4k
    MSN Money posted an article on 2017 changes to SS yesterday. It said in 2017 that those who are working and also receiving SS benefits would not have SS deducted from their paychecks. Is that true?