RE: I am NEVER going to the hospital again.
November 12, 2020 at 12:39 pm
(This post was last modified: November 12, 2020 at 12:41 pm by BrianSoddingBoru4.)
(November 12, 2020 at 12:34 pm)arewethereyet Wrote:(November 12, 2020 at 12:27 pm)BrianSoddingBoru4 Wrote: Just curious - how does having a whopping great medical bill affect your ability to get social security (it probably works different there than here).Our SS benefits are tied to our earnings over our lifetime. The amount you have in savings means nothing.
Boru
It can have an effect on Medicare when you reach that age but it doesn't factor into SS.
What I have to watch is how much I earn since I now draw Social Security. There's a limit as to how much I can earn per month at a job or as a contractor. Not once has the SS Administration asked how much I have in the bank. If you exceed your monthly limit then your future pay from SS can be reduced.
Thanks. It is different. Here, the old-age pension (the part of social security I think Brian is talking about) isn’t means or income tested. Someone drawing the pension is able to earn as much as they like without benefits being reduced. Which is good, because the benefit amount is a cruel joke.
Boru
‘I can’t be having with this.’ - Esmeralda Weatherwax