Social security needs to change the cap of the 22,500.00 for those who still have to work at the age of 62 right now social security is penalizing 2.00 dollars for every 1.00 dollar you go over the cap of 22,500.00 this is disgraceful we have already worked most of our lives and have put money into our social security to have them cap us if we are still working it’s because we still need our employers insurance because we don’t qualify for Medicare till we reach the age of 65 we’re still paying mortgages and buying foood and medication
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Definitely needs to remove cap on earnings at 62 this 25 k a year cap doesn’t acount for the average minimum wage of $15 .00 per hour if you work 40 hours a week. Is $600 dollar’s that is $31.200 per year you will be $6000 over the cap and be penalized
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