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  • Social Security Benefits

    From Stuart O. Bronstein@21:1/5 to All on Sun Mar 27 12:15:30 2022
    I have a recollection of hearing that the age that Social Security
    benefits continue to grow has changed from 70 to 72. But on the SSA
    website it says it's still 70.

    Did I misunderstand?

    Thanks for any clarifications.


    --
    Stu
    http://DownToEarthLawyer.com

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  • From John Levine@21:1/5 to All on Sun Mar 27 12:56:43 2022
    According to Stuart O. Bronstein <spamtrap@lexregia.com>:
    I have a recollection of hearing that the age that Social Security
    benefits continue to grow has changed from 70 to 72. But on the SSA
    website it says it's still 70.

    Did I misunderstand?

    That's 42 USC 402(w) and it hasn't changed, still stops at 70.

    Perhaps you're thinking of RMDs from retirement plans which were
    changed from 70.5 to 72 by the SECURE act in 2019.

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    John Levine, johnl@taugh.com, Primary Perpetrator of "The Internet for Dummies",
    Please consider the environment before reading this e-mail. https://jl.ly

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>

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  • From Stuart O. Bronstein@21:1/5 to John Levine on Mon Mar 28 11:40:46 2022
    "John Levine" <johnl@taugh.com> wrote:

    According to Stuart O. Bronstein <spamtrap@lexregia.com>:
    I have a recollection of hearing that the age that Social Security
    benefits continue to grow has changed from 70 to 72. But on the SSA >>website it says it's still 70.

    Did I misunderstand?

    That's 42 USC 402(w) and it hasn't changed, still stops at 70.

    Perhaps you're thinking of RMDs from retirement plans which were
    changed from 70.5 to 72 by the SECURE act in 2019.

    Thanks John. Makes sense.

    --
    Stu
    http://DownToEarthLawyer.com

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>

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    * Origin: fsxNet Usenet Gateway (21:1/5)