TPC Analyzes Impact of Taxing Earnings on Retirement-Age Couples

Urban-Brookings Tax Policy Center

Taxes on earnings of secondary earners in retirement-age couples accelerates retirement while generally having less impact on their spouses, but retirement decisions of secondary earners are only affected by taxes if spouses aren’t in the workforce, the Urban-Brookings Tax Policy Center said in a February 21 report.

<p>Taxes on earnings of secondary earners in retirement-age couples accelerates retirement while generally having less impact on their spouses, but retirement decisions of secondary earners are only affected by taxes if spouses aren’t in the workforce, the Urban-Brookings Tax Policy Center said in a February 21 report.</p>