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To: carriage_hill; mancini

Right, I took it at 62 also.

But that has no bearing on the fact that you have to pay income tax on part of those benefits if your taxable non-SS income is more than the gov’t. thinks you deserve.


34 posted on 11/08/2012 5:56:49 AM PST by Roccus
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To: Roccus

I haven’t applied, and was going to wait until 67. But I’m having 2nd thoughts, now. I have a nice 401K for 65, and an $8.5mm Family Farm Business (closed 2011) for sale, but I’ll be lucky to get $1.5mm for it, if I can even sell it, in this 0bummer-destroyed economy. And cap gains tax jumps-up on Jan 1st, again dbl-taxing any sale monies. Screwed anyway I turn. My corp/personal CPA and I are looking at options.


36 posted on 11/08/2012 6:06:21 AM PST by Carriage Hill (America - a great idea while it lasted... it's over.)
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