I'm in my 46th year of paying in and thats with 7 years where I wasn't working (I wasn't on the dole). I retired early and spent most of my nestegg, and returned to work to build it back up. They use today's FICA taxes to pay yesterday's workers, and squandered the Trust fund built on we boomers backs.
Right now, I'm still waiting for the clawback of 3,500 from my SS for going over the limit for Earned income in 2024, They clawed back 8,000 + suspended my check for 5 months in 2024 for 2023 earnings, they clawed back 4,000 in 2023 for my 2022 earnings. Thank God I'm finally at FRA and no more claw back.
So Aside from the clawbacks, they still withhold FICA , and Tax my SS check. Then if I didn't have health insurance threw the wife, I'd have to pay 185 bucks for part B, and either go with shitty Advantage care supplemental which they decide everything, or pay 200-300 for Gap that has a deductible. Then you need a prescription plan too.
Baby boomers got the biggest screwing ever because they raised the FICA taxes to build up the trust fund and let medical charges ascend into absurdity.
All I want is what I paid in for with NO TAXES and no need to take 1/3rd of my SS check for the Medical Industrial Complex
I'm in my 46th year of paying in and thats with 7 years where I wasn't working (I wasn't on the dole). I retired early and spent most of my nestegg, and returned to work to build it back up. They use today's FICA taxes to pay yesterday's workers, and squandered the Trust fund built on we boomers backs.
Right now, I'm still waiting for the clawback of 3,500 from my SS for going over the limit for Earned income in 2024, They clawed back 8,000 + suspended my check for 5 months in 2024 for 2023 earnings, they clawed back 4,000 in 2023 for my 2022 earnings. Thank God I'm finally at FRA and no more claw back.
So Aside from the clawbacks, they still withhold FICA , and Tax my SS check. Then if I didn't have health insurance threw the wife, I'd have to pay 185 bucks for part B, and either go with shitty Advantage care supplemental which they decide everything, or pay 200-300 for Gap that has a deductible. Then you need a prescription plan too.
Baby boomers got the biggest screwing ever because they raised the FICA taxes to build up the trust fund and let medical charges ascend into absurdity.
All I want is what I paid in for with NO TAXES and no need to take 1/3rd of my SS check for the Medical Industrial Complex