ActionfigureJoe Posted April 20 Share Posted April 20 https://www.msn.com/en-us/money/retirement/ar-AA1nigXE Quote Link to comment Share on other sites More sharing options...
Mainecat Posted April 20 Share Posted April 20 Not a problem. If there is anything left it’s going to the Hare Krishna’s Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted April 20 Share Posted April 20 now there's a phrase... "peak boomers" God help us all... they'll probably just adjust the COLA so the SS Fund is nearly bankrupt earlier than 2035 Quote Link to comment Share on other sites More sharing options...
Pete Posted April 20 Share Posted April 20 High inflation and stolen elections have consequences. Peak boomers should all be shower less smelly old van dwellers. Cheap way to go. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted April 20 Platinum Contributing Member Share Posted April 20 Just filed for my SS....got approval via email and they said official notice will be coming in mail within 10 to 15 days. Should get my first direct deposit 2nd Wednesday of June. Just have to talk to accountant and figure out the tax implications. I don't have any being taken out as of yet and hardly any is being taken out of my pension. Really don't want a surprise at the end of the year that I owe a ton. Quote Link to comment Share on other sites More sharing options...
Deephaven Posted April 20 Share Posted April 20 That explains your other investment advice. It isn't that hard to figure out. Good you are getting advice. 1 Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted April 20 Author Share Posted April 20 25 minutes ago, ViperGTS/Z1 said: Just filed for my SS....got approval via email and they said official notice will be coming in mail within 10 to 15 days. Should get my first direct deposit 2nd Wednesday of June. Just have to talk to accountant and figure out the tax implications. I don't have any being taken out as of yet and hardly any is being taken out of my pension. Really don't want a surprise at the end of the year that I owe a ton. Is it taxed in your state? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted April 20 Platinum Contributing Member Share Posted April 20 10 minutes ago, ActionfigureJoe said: Is it taxed in your state? I'm not sure....I know the pension is not taxed in PA. on the state level compared to NJ. I haven't really looked into the social security yet. I'm just concerned about the federal tax. Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted April 20 Share Posted April 20 They'll take out Medicare eventually. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted April 20 Author Share Posted April 20 10 minutes ago, XCR1250 said: They'll take out Medicare eventually. I start Medicare along with a supplemental plan next year. It’s $300some per month. Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted April 20 Share Posted April 20 2 minutes ago, ActionfigureJoe said: I start Medicare along with a supplemental plan next year. It’s $300some per month. I've been on Medicare a "Medica" supplement for 12 years now. Choose carefully on your supplement plan, some are close to worthless. Quote Link to comment Share on other sites More sharing options...
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