Boomers Control $90 Trillion in the "G-Shaped Economy." At 70, the Safe Money Is What Makes His Social Security Taxable.

Higher Treasury yields are increasing interest income for retirees, but an unchanged 1984 IRS formula can cause that income to make a larger portion of Social Security benefits taxable. The article characterizes the resulting tax effect as a stealth burden on retirees, offsetting part of the benefit from higher yields.