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File & Suspend - Medicare Withholding Pitfall

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Money Talk > Retirement Planning

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TheKingfish
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File & Suspend - Medicare Withholding Pitfall  Reply with quote  

I am about to file & suspend, but recall a conversation with a friend several years ago telling me to be wary of something related to the Medicare payment withholding. I recently asked her but, like me, she canít recall. That particular something was in the media at the time (???).

Before I formally pull the trigger, Iíd feel better if I knew the pitfall. Does anyone have an inkling of what that might be?
Thank you,
TheKingfish
Post Mon Nov 30, 2015 7:05 pm
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littleroc02us
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I'm personally no where near retirement age, so I haven't thought much about this topic yet. But here is some information I found on the IRS.gov site.

https://www.ssa.gov/planners/retire/suspend.html

Risk comes from not knowing what you're doing. (Warren Buffet)
Post Mon Nov 30, 2015 8:40 pm
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