The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Higher Medicare premiums for Top 25% Date:  4/13/2013  8:21 AM
Author:  TMFMurph Number:  71978 of 88498

Yep! I paid in way more than the average worker during my working career, and the exact year I reached 65 and qualified for Medicare, the higher rates for those with higher AGI's went into effect.

I now pay roughly triple the normal Medicare rates, due to the installment sale proceeds from the sale of a business I sacrificed and lived small for many years to build and make successful.

Play by the rules, work hard,....and your reward is subsidizing others to deliver promises the politicians of both parties made to buy votes ( knowing the promises could not possibly be kept without changing the rules...but that they would have cashed out and be gone by the time the bills came due ).

Home Fool
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us