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spooky3

(36,430 posts)

5. Just wait until you have to pay IRMAA on Medicare.

Reply to lostnfound (Original post)

Thu Dec 26, 2024, 03:30 PM

Thursday

The brackets are ridiculously unfair—people who make about $180k in retirement pay the same high premium as those making about $500k. And none of this is adjusted for variations in the cost of living across the country.

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Assumptions on social security benefit cuts [View all] lostnfound Thursday OP

They probably won't cut benefits, but they will most likely raise the retirement age. Omnipresent Thursday #1

Although any of those items anciano Thursday #2

From the day Reagan proposed IRAs, I knew this day would come. bucolic_frolic Thursday #3

Might not change point, but IRA's were approved during Ford's admin. Employee Ret Income Security Act (ERISA) 1974. Silent Type Thursday #6

Until Reagan's IRAs, only workers without pensions could contribute to their own retirement account bucolic_frolic Thursday #7

It'll take Congress to do that. With mid-terms coming it, I'm skeptical any of that will happen. Silent Type Thursday #4

Just wait until you have to pay IRMAA on Medicare. spooky3 Thursday #5

Maybe I should stay The Madcap Thursday #8

Probably pretty accurate List. And you have them in a likely order by likelihood of happening as well. Wiz Imp Thursday #9