If you "retire" but continue to work in any way, you will still pay tax for Social Security and Medicare, whether you work at a W-2 job or work as an independent contractor. If you have a W-2 job. both SS and Medicare will still be withheld from your paychecks. If you work as an independent contractor you will pay self employment tax for SS and Medicare.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
