The 2017 Edition of Social Security Benefits Including Medicare provides a concise but helpful explanation of the complex rules governing the Social Security retirement, survivors, and disability benefits programs.
This booklet pays particular attention to retirement benefits and Parts A, B, C and D of the Medicare program. It details eligibility requirements, explains the calculation of monthly benefits, and discusses the effect of early retirement and delayed retirement on benefits. It reflects benefit amounts, the taxable earnings base and other variables set forth by the Social Security Administration for the upcoming year, which will enable retirees to compute the amount of their benefits.
In addition, Social Security Benefits Including Medicare provides retirees with an understanding of the tax treatment of their benefits, factors that can reduce benefits, and retirement decisions that can increase benefits. Finally, the discussion contains numerous examples, all of which have been updated to reflect 2017 figures and rules, including the substantial increase in the taxable wage base, the increase in the full retirement age, and additional Medicare taxes that may be imposed on high earners.
The 2017 Edition has been updated to include:
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