Ask Larry

Is It Correct That I Am Continuing To Pay Social Security And Medicare Taxes On My Earnings?

I start ss at full retirement but I continue to work I pay for Medicare thru my ss benefit.on my pay stub I pay Medicare and SS taxes.is this correct.
Thanks

Hi. Yes. Even after you start drawing Social Security retirement benefits and/or start Medicare coverage, you must continue to pay Social Security and Medicare taxes on any covered earnings that you produce.

Best, Jerry

Posted: 
Aug 6 2022 - 1:08pm
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