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Name:
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GoneFishin
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Subject:
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SS Cost, 2010 & 2011
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Date:
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10/26/2009 7:30:18 PM
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I did not go far enough and I apologize. If your joint income is $170,000 or less there will be no increase in 2010 assuming you were covered in 2009.
For those NOT covered in 2009 who filed a tax return with 2008 income under $170,000, the premium will be the $110.50 per month that Martini posted.
For everyone who had income between $170,001 and $214,000 based on their 2008 tax return, the 2010 prmium will be $154.70. Between $214,001 and $302,000 it will be $287.30. And for those like our good friend Martini, over $428,000 it will be $353.60 per month.
These are based on joint returns. For a single return, the income level is reduced 50% for each level of premium.
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