Posted by
Tr Cojoc on Saturday, June 14, 2008 4:26:21 PM
If you wander how a nationalized government health program would work, take a look at the information below.
My friend Joe, expected to retire at the age of 65 and collect $1,650 per month in social security benefits. At the age of 61 he was out of work and had to get a low paying job in retail. By the age of 62, Joe was broke and had to apply for early/reduced social security benefits amounting to $1,450 per month.
At the age of 65 when Medicare kicked in, his social security check was reduced by $100 (Medicare premium). In the year prior to reaching 65, Joe exceeded the $11,000 a year threshold defined by the social security rules and was taxed 50% on the amount above the $11,000. It amounted to an overpayment of two social security checks.
Joe is 66 now and his social security check is $1,200 per month.
Find out the full story at Social Security Is A Government Handout And Medicare Is Not Free
Note from the editor
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More information at Currency Trading
Computer Security
As a computer/internet user you already know how important the security of your computer is. I am a retired computer designer, had computers in my house for more than 25 years. For most part, I didn’t have to worry much about the safety of my computer, except in the last few years. Presently, I am evaluating and changing my computer security program every six months.
Here is the latest: Netcom3 Internet Security.
Better feel safe than sorry.