Social Security’s hidden Medicare penalty

Most people who use online retirement or Social Security programs come to the wrong conclusion about when to start their first payment for Social Security. For starters, the raw data from ssa.gov for specific ages may mislead first-time filers on the size of their Social Security checks. Worse are the values for spousal benefits. People need to understand the relationship between Social Security and Medicare. The fact that Social Security is subject to a reduction from Medicare premiums is unknown to many people planning for retirement...Read More

 

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