Verification: 44a8787c550138ed

Social Security Fairness Act

Congress has recently passed the Social Security Fairness Act (SSFA), which provides that, effective immediately, all social security benefits will be means tested. Congress has charged the Social Security Administration (SSA) to implement the Act (assume the Act meets the intelligible principle test).

The Act provides the following schedule for means testing, but allows the SSA to make exceptions provided that “good cause” is shown:

Adjusted Gross Income Percentage of Scheduled Benefits to be Paid

0 – 50,000 100%

50,001 – 100,000 75%

100,001 – 150,000 50%

150,001 – 200,000 25%

$200,001+ 0%

To implement the SSFA, the SSA issues a regulation that adjusts the Act’s scale according to where the beneficiary resides – a cost of living adjustment. For example, the scale is adjusted upward for places like New York City (high cost of living) and adjusted downward for those beneficiaries living in a small town in Montana (lower cost of living).

Mike recently applied for social security benefits under the new SSFA. His adjusted gross income is $75,000, putting him in the 75% bracket. However, the SSA determined that Mike belongs in the 25% bracket because he currently has an Investment Retirement Account in the amount of $100,000. The SSA’s reasoning is that it is fair to include Mike’s IRA in the means test calculation because, at any time, Mike can cash out the IRA to pay for living expenses. Currently, the Internal Revenue Service does not consider amounts in IRA accounts as part of determining an individual’s adjusted gross income, unless the individual withdraws from the account. Angry with the SSA’s initial decision, Mike immediately seeks to appeal the decision with the applicable Court of Appeals.

Your supervising attorney has asked you to prepare a memo that identifies and discusses all issues relative to administrative law.

Get Plagiarism-Free and Quality Papers Without Overpaying at Homeworkmavens.com

Solution preview:

Just in case you need an assignment done, hire us. Using our writing services will make your life easier because we deliver exceptional results. Use us to get an A!

We are the Best!

course-preview

275 words per page

You essay will be 275 words per page. Tell your writer how many words you need, or the pages.


12 pt Times New Roman

Unless otherwise stated, we use 12pt Arial/Times New Roman as the font for your paper.


Double line spacing

Your essay will have double spaced text. View our sample essays.


Any citation style

APA, MLA, Chicago/Turabian, Harvard, our writers are experts at formatting.


We Accept

Secure Payment
Image 3

Subjects We Cover