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Economy

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What's The Difference Between Social Security And SSI?

March 1st, 2012 3:33 pm National Memo Staff

Tom Margenau clears up readers’ confusion about Social Security benefits and Supplemental Security Income payments in the latest edition of his column, Social Security And You:

Near the end of last year, around the holidays, I wrote a column that addressed what I called the 12 Myths of Social Security. It was supposed to be a takeoff on the “12 Days of Christmas” — get it?

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  • mfmanion70

    I am 72 years old and have worked all my life. I’v been drawing Social security and have been a school bus driver for almost 15 years. Iv been considering taking retirement from the school dist. but I understand that if I do this s.s. will penalize me about 20% of my benefit. I feel if we work two jobs and have paid into both, we should not be penalized.I live in CO and I understand we are only 1 of 14 states who practice this. Is there any way to get past this without breaking the LAW