Vaccine Monitor Women And Younger Adults Hit Hardest By Mental Health Impacts Due To Covid 19may tend to lower your tax bill later, by reducing the required minimum distribution amount that you must take in order to avoid tax penalties after age 70 ½. Large required minimum distributions could also trigger taxes on up to 85% of your Social Security benefits in addition to a surcharge on your Medicare Part B and Part D premiums..To qualify for a divorced spouse survivor's benefit, you must have been married to your ex-spouse for at least 10 years, and you did not remarry until you were past the age of 60. After age 60, your remarriage does not affect eligibility for ex-spouse survivor's benefits. Any benefit that you receive would not affect the benefit for other survivors who are receiving benefits based on the record of your ex-spouse..What do you know about the fastest rising expenses in retirement? Take this quiz at. … Continued
Blog Cybersecurity Recommendations For When Youre Wearing Your Campaigners HatWhether or not appropriators will successfully negotiate an omnibus spending bill before December 11th remains to be seen. If Congress fails to reach an agreement, the federal government will shut down, and Social Security beneficiaries could see delays in their monthly benefit checks. In addition, doctors who treat Medicare patients and other medical providers could experience delayed reimbursements from the government..What do you think about expanding the role of Medicare Advantage plans? Visit us at and send us your comments..However, a modification to the bill is under consideration that would provide a portion of the income taxes collected on Social Security benefits to the Medicare Trust Fund in the same manner and amount as current law. That modification, however, would have a big impact on Social Security's cash flow in the earlier years. According to the Joint Committee on Taxation, the change would lower the total amount of revenues going into the Social Security Trust Fund by 1 billion over the 2020-2029 period, and would not prevent Social Security from becoming insolvent by 2036. … Continued
