ST Alpha - "Why? It should be even higher. There's no cap for Medicare so why is there one for SS? -- nm" (Reading a Post)

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In response to "Bad IM, BAD! -- nm" by ty97

Why? It should be even higher. There's no cap for Medicare so why is there one for SS? -- nm

Posted by Krusty (aka Krustylu) Oct 13 '21, 07:44

(No message)

Responses:

Don't SS benefits phase out? SS, in theory, was supposed to be 'you pay in, you get back later' - ty97 Oct 13, 07:59 11
- When you say phase out do you mean that if you earned a certain amount you don't collect SS? - Krusty Oct 13, 08:06 2
  - There's a max you can get per month, regardless of what the formula says you should get -- (link) - ty97 Oct 13, 08:28
  - Means benefits are capped at a certain amount, so there’s no additional direct benefit to paying into the system above that threshold. -- nm - znufrii Oct 13, 08:27
- You are not just paying for yourself, Mr. Moneybags! -- nm - Spawn Oct 13, 08:06 7
  - That was the original concept of SS wasn't it? -- nm - ty97 Oct 13, 08:23 1
    - My mother had not been married to my father for 42 years when he passed away. She gets a monthly check as well as my stepmom (Survivor Benefits). -- (edited) - Spawn Oct 13, 08:31
  - Actually, at his age, he’s just trying to make sure he gets made whole. -- nm - Will Hunting Oct 13, 08:18 4
    - I would smack you but I can't determine which cane to use for it -- nm - ty97 Oct 13, 08:23 1
      - *cues the Up Old Man Fight scene* -- nm - Will Hunting Oct 13, 08:27
    - How will he ever afford his three weeks in France?! -- nm - znufrii Oct 13, 08:23 1
      - Three weeks? I can only eat so many croques! -- nm - ty97 Oct 13, 08:24

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