[Fishtalk]

Thanks RG. been wondering that for quite a while.

Hmmmmmm.

So I guess, de facto, for past couple of years folks have been getting credited for less income...ie 4.2% grossed up as opposed to, well at the 6.2% rate ALL income was counted up until the max.

so people are essentially borrowing from their own retirement, grossed up and all that jazz, and getting NOTHING from the gubmint?

Or is full income still counted toward retired SS calculation?

I think I know the answer.

[rodguy911]

Kabar is the expert on all that.
All I know is that when I give e mail my payroll to my cpa she doubles my SS and its less than what I have been paying in the past. the 2% is doubled so I wind up paying 4% less on SS.I thin kabar said that the govt. picks up the difference and that the taxpayers continue to get fully funded. Typical ozero convoluted plan.IT’s all designed to destroy the country, incrementally.