Abstract

http://ssrn.com/abstract=1029763
 
 

Footnotes (1)



 


 



Shrinking Boomer Social Security Retirement Benefits


Francine J. Lipman


University of Nevada, Las Vegas - William S. Boyd School of Law


American Bar Association - Section of Taxation News Quarterly, Vol. 27, No. 1, Fall 2007

Abstract:     
In 2008, the oldest of 78 million baby boomers will celebrate their 62nd birthdays. Before they blow out their birthday candles, they will have considered and likely decided whether to elect to take early Social Security retirement benefits (SSRBs). Recent and evolving changes in the normal retirement age under Social Security, Medicare premiums and increased exposure to income tax costs have reduced the net cash flow many senior boomers will enjoy from SSRBs. Because of the overall lack of transparency in the Social Security benefits formula and the complex interplay of continued work, Medicare, taxes, and the various timing-options, many boomers are unable to make informed decisions about critical retirement matters. This article presents these issues to assist in making informed retirement decisions.

Number of Pages in PDF File: 3

Keywords: social security, Medicare, retirement, tax, baby boomers, work, aging

JEL Classification: H24, H31, H51, H23, H55, J14, J18, J26, K34, K31

Accepted Paper Series





Download This Paper

Date posted: November 16, 2007 ; Last revised: November 21, 2007

Suggested Citation

Lipman, Francine J., Shrinking Boomer Social Security Retirement Benefits. American Bar Association - Section of Taxation News Quarterly, Vol. 27, No. 1, Fall 2007. Available at SSRN: http://ssrn.com/abstract=1029763

Contact Information

Francine J. Lipman (Contact Author)
University of Nevada, Las Vegas - William S. Boyd School of Law ( email )
4505 South Maryland Parkway
Box 451003
Las Vegas, NV 89154
United States
Feedback to SSRN


Paper statistics
Abstract Views: 2,694
Downloads: 471
Download Rank: 34,232
Footnotes:  1

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo1 in 0.344 seconds