A first embodiment of the present invention includes a magnetic weight bearing prosthetic socket system for coupling a prosthesis to an amputated limb. A pair of magnetic fixtures are used to hold the prosthesis in spaced apart relation with the amputated limb. One of the magnetic fixtures is implanted in the remnant bone and the other magnetic fixture is embedded in the prosthetic socket. The magnetic fixtures are magnetically oriented to oppose one another and are used to transfer loads associated with typical weight-bearing surfaces through the soft tissue covering the remnant bone without having the magnetic structures physically touch one another.A second embodiment of the present invention includes repelling magnetic fixtures implanted within opposing bones in an articulating joint to hold the bones apart during relative articulating movement of the bones in the joint.