Posted by Indiana Ken on March 26, 2016 at 18:04:19 from (67.163.32.18):
In Reply to: Medicare question posted by rrlund on March 26, 2016 at 12:20:24:
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Coshoo, Very good summary.
I wanted to comment on getting "dinged" before age 66. This is very often confused to mean the $1 withheld for each $2 earned over $12,000 is lost. It is my understanding that after you reach age 66 your SS payments are re-calculated and the "dinged" amount is added back as increased payments. You do not actually lose any money - SS will pay what is due to you. That is unless you die first.
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