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Social Security Loophole Closes Today

Wednesday, June 30, 2004

Fascinating reports in the New York Times and Mauled Again on a social security loophole that closes today. Here’s the opening from the New York Times:

Thousands of Texas teachers are rushing to retire before a lucrative loophole in Social Security law closes, but there is one catch: They must first spend a day washing windows or scrubbing floors.

Jim Maule explains in detail on his blog why this is so. (Thanks to reader Ben Cunningham for the tip.)


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