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Originally Posted by Guest
I disagree, yes we all contribute to Social Security and Medicare. At the time of retirement some of us will be means tested if you have an annual income above the acceptable limit you will receive less or no benefits.
Some of us will live a long time, some shorter and some never live long enough to collect benefits.
In point of fact it was created so that American workers would have some form of continuing income after retirement.
My former company had a defined benefit pension but few companies offer that now.
Social Security and Medicare will become even more important to American workers in the future.
COPUFF OUT WEST IN THE MILE HIGH STATE
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That's not true. You do NOT get less SS or Medicare based on income. You should not make such statements when you do not know the facts. The only limit to SS is if your contributions to SS were low or high, but you do not receive less SS or Medicare benefits due to being wealthy.