I arrived home from my last appointment at about eight o'clock this evening, sat down to dinner and read this morning's Columbus Dispatch. The front page article "
Social Security, Medicare at Risk", brought back some memories.
Years ago I had several over 62 year old individuals working for me who would have their commission checks held and then request the checks during the following year. At this time if you made over a certain amount of income during a year, I think it was $12,000, the agents could no longer receive their Social Security checks or would have to pay back the Social Security funds they had received.
Sometime during the past, the rules of Social Security changed. A person could make as much money possible and still receive their monthly Social Security funding. Something is not right about this, as an example: a person who makes an income of $50,000 per year. not from investments, but actual income can receive their Social Security also.
The article above if I read it correctly is saying Social Security will be out of funding about the time I should be of age to receive my
retirement funding. I have been paying into Social Security since eighth grade.
Please do not get me wrong, I am not talking about Medicare. I think everyone over 62 years old, should be
eligible for Medicare no matter what their income.
Should Social Security be paid to individuals that are gainfully working?
I can see a person receiving Social Security no matter what they have in their personal retirement accounts and savings or working because they need to
supplement their Social Security income to a certain extent. I can not see someone receiving Social Security, because they deserve it while making thousands of dollars and taking it away from me.