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Reply #258: OP is about medicare. From the wiki on "retirement:" [View All]

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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-12-11 06:14 AM
Response to Reply #17
258. OP is about medicare. From the wiki on "retirement:"
"n the United States, while the normal retirement age for Social Security, or Old Age Survivors Insurance (OASI), historically has been age 65 to receive unreduced benefits, it is gradually increasing to age 67. For those turning 65 in 2008, full benefits will be payable beginning at age 66.<5>

I put retirement in quotes because, if you reach the age for full "old age" benefits under OASDI, you can collect full benefits and work, but there will be income tax consequences. (If you are collecting OASDI on accouont of disability, rather than "old age," you will, however, lose your benefits if you make more than a nominal sum from working.)


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