The excess "marriage penalty taxes" and possible benefit reductions that JLM refers to below will take years to accrue. On the other hand, skyrocketing Social Security payouts go into effect immediately, per this item from Financial Planning:
http://www.financial-planning.com/news/how-gay-marriage-ruling-gave-benefits-to-a-client-2685621-1.html
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1 comment:
Let's not despair yet. If the faux non-working spouse dies at 72, she will have given up far more than she gained.
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