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echo: barktopus
to: Mike N.
from: Ellen K.
date: 2004-12-17 14:14:26
subject: Re: Eeee they grow em big round me...

From: Ellen K. 

Wrong, wrong, wrong.  There is no income limit.  If your other income
exceeds some amount you have to pay tax on part of the SS, but you still
get the money.

On Fri, 17 Dec 2004 15:56:50 -0500, Mike N. 
wrote in message :

>On Fri, 17 Dec 2004 10:04:51 -0800, Ellen K.
> wrote:
>
>>This is uncharacteristically totally inaccurate.   Social Security is
>>NOT need-based, it's based on how much you pay in over your work life.
>>Zillionaires collect.
>
>   True, they're not need based, but Bill Gates may still not collect a
>cent: there are limits on annual income before you qualify for benefits.
>Bill G. will presumably have a continuous income from asset appreciation.

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