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Consider, instead of inflating reported earned income and paying extra income/wage taxes, putting an amount equal to the additional tax that would have been due into a Roth IRA or other tax advantaged retirement saving account for self-employed persons, and investing it for the 40 years until he becomes SS eligible. If it eventually turns out that his SS benefit is not the max because of relatively low earnings in 2011, he can likely self-fund the difference by drawing down this account.


though i entirely agree.. 40 yrs might be optimistic (at 27, i only had 30 yrs of work ahead (many of them with near-zero earnings)

AND .. when i tried to calculate the 'earnings' (ROI?) on my FICA taxes, it came out very close to the S+P over those years ( so putting extra into a Roth, investing in index fund, likely to make OP even better off)


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