In the year you reach full retirement age, we deduct $1 in benefits for every $3 you earn above a different limit, but we only count earnings before the month you reach your full retirement age. If you will reach full retirement age in 2017, the limit on your earnings for the months before full retirement age is $44,880. Starting with the month you reach full retirement age, you can get your benefits with no limit on your earnings.
There are over 41 million African Americans, in the United States, accounting for approximately 13 percent of the total population. Over five million Medicare beneficiaries are African American, 10 percent of all beneficiaries. African Americans on Medicare are significantly less well off than non-Hispanic Whites. In 2014, half of all people with Medicare lived on incomes of $24,150 or less per year and had savings of less than $63,350.
The economy is struggling and, as a result, more and more Americans have turned to the government for welfare. The percentage of Americans now receiving a federally-funded âmeans-tested programâ now stands at 35.4%. When you add pensions, unemployment, Social Security, and Medicare to the mix, the percentage of Americans relying on government for part or all of their subsistence is 49.5% of the American population.