Social Security: Do you agree with the idea of raising the primary benefit age for Social Security to 68 and?

The raising for age of eligibility makes sense, speaking as someone who draws Social Security as part of my service-incurred veterans' disability. Many people do not want to be forced into retirement at age 65---they want to keep on going (as did my parents in their day). I also believe that means-testing for billionaires or millionaires is valid, with the understanding that should fortunes reverse the eligibility remains intact as a back-up system for them when needed.

The main way to expand Social Security's solvency, however, is to EXPAND OUR JOBS BASE here at home.

1

I don't know. If people work until the age of 68/ 70, that might keep younger people with families from getting those jobs. Yes, I agree that the cap should be raised. Interest on savings are taxed as is Social Security income.

If you were born after 1960 your full benefit retirement age is 67 so it is not a stretch to age 68.

The age of 70 is that maximum benefit age. So if you dont take your SS at 66 and you work until age 70 your benefit is higher.

So far, the limit on SS contributions has not changed from the $106,800 income level.

After 2037 Social Security retirement benefits will be reduced to 78% of what it is before that date.

What ever "study" you read is amazingly flawed for so many reasons I can't list them here. Besides, shoring up social security has so many easy and effective "fixes" raising the age would be last on the list. Certainly, cutting the tax by 2% this year WAS NOT a good idea.

The age should be according to the job you perform.

Example: A person who has a relative easy job in an office that is heat and air controlled and can sit when they need to could probably work till 70 or 80 but a person who is outside in extreme cold all day or extreme heat or on rooftops or electrical wires etc , rock quarry workers, should be allowed to stop at 50. It just isn't safe or right to see grandfathers outside in the heat or cold doing backbreaking labor. I am thinking block layers,house builders, roofers etc.

The job description should apply to the age you retire.

No. A better solution is to eliminate the income cap at which SS payments stop. After a certain level of income, no further SS contributions are required, I suppose because there is a maximum they can collect. But eliminating the cap would erase the deficit.

No!!

The SSA tax cap should be lifted. Benefits and age limits should remain untouched. The tax cap is $106,000. It could easily be lifted and SSA would be solvent for far longer, without hurting our seniors.

Raising the tax cap is the best way to eliminate the SSA shortfall. http://www.epi.org/publication/raising_cap_on_soci...

that's not a Republican/Democratic difficulty. u.s. has to rein interior the cost variety, or ALL social risk-free practices advantages end. what's your decision? 70% or 0%? Retiring at sixty 9 or working till you die? Social risk-free practices is coverage ... not a retirement plan. that is there to help insure which you do not outlive your decrease value quotes ... to not supply up you from build up the decrease value quotes interior the 1st place.

If medicine was affordable I wouldn't care about social security, medicare, or any of that. Also it'd be nicer if the government wasn't consistently trying to overtax savings for people who want to retire without having to resort to SS.