you are still getting hosed, whenever you take it.
they have been withholding money for years that had certain purchasing power attached to it at that time, then paying you an annuity in essence with unrealistic cola adjustments in deflated dollars.
Kind of like the old savings bond scheme. And medicare premiums are age related among other things, that eat up the cola adjustment on the social security.
A lot of people buy the way on medicare don't know those premiums are means tested.
I have gotten several letters and phone conversations by the way recently regarding medicare and the supplement plans. If you are low income there are programs to pay that stuff, the premiums for you.
