How about if you have 200k taxable income after 65, you forego your SS benefits and instead get a tax deduction for the amount you would otherwise receive.
100-200k taxable income, a tax credit for your otherwise
payable SS. Under 100k pension yr., no changes.
Or something along those lines.
RE: How about if you have 200k taxable income after 65, you forego your SS benefits and instead get a tax deduction for the amount you would otherwise receive.
I like that except for the one question -— how does this solve the SS insolvency problem?
Think about it, do we have enough people at age 65 who have a $200K and above taxable income ( other than the hedge fund manager types )?