Don't forget....Almost every senior over 65 collecting SS is paying $100 ($1200 a year) out of that check for Medicare Part B......in addition to what they had already paid into it before age 65.
And they have to buy a supplement, too.
10 posted on 11/15/2012 6:28:57 PM PST by Sacajaweau
Don't forget....Almost every senior over 65 collecting SS is paying $100 ($1200 a year) out of that check for Medicare Part B......in addition to what they had already paid into it before age 65... And they have to buy a supplement, too.
Good point. And neither is subtracted out when determining the taxability of Gross Benefits in Box 5 on the SSA-1099.
11 posted on 11/15/2012 6:54:23 PM PST by NaturalBornConservative
("Something that everyone knows isn't worth knowing" ~ Bernard Baruch)