Yes, no/yes,yes,no,no
Now, what's your point?
..Now, what’s your point?...
My point is to suggest you look at more than one year for a bigger picture. I think you will probably pay less taxes and get the same or more for what money you have to spend and have more security for the future. Social Security will be exempt from 999 income tax as far as I have heard, and now it may or may not be subject to income tax. (since 1983)
Another consideration is how safe is your pension, if the economy really tanks for a long time is your pension safe? Would a little change now to help the economy for now and the future help secure your pension? Take a look at American Airlines stock its been dropping recently because pilots have been retiring in droves as their pensions are tied to the stock price as of date of retirement. (they can cash out) I wonder what happens to other peoples pensions should their companies or cities go bankrupt?