Social Security Matters

Ask Rusty – I’m Working after age 65; Why Aren’t I Exempt from Medicare Part B Premium?

Dear Rusty: Why, as I continue to work after age 65 and have FICA taxes taken from my check, am I - or anyone - also compelled under the threat of penalties, rate increases, etc. to immediately take Medicare Part B? Am I not then effectively paying into the system twice? As more and more people over 65 continue …