
Honestly, trump voters are morons who believe propaganda with no ability for critical thinking. He will tell them its Biden's fault and they will just nod along like brainwashed cult members. |
Just because you’ve heard it doesn’t make it true. At least, it doesn’t have to be true. Everyone should ask themselves: at what point during the year do you stop paying your ss contributions? If you make under $176,100 you never stop. Easy. If you make, say, $200,000 you stop paying in maybe November and so on. Elon Musk, Jeff Bezos, and these billionaires? They stop paying one second after midnight on January 1. There’s no reason they can’t pay more to ensure our elderly aren’t tossed out into the streets. And of course they don’t want their businesses to pay on behalf of their employees because god forbid they pay back to this country that allowed them to prosper. Notice that Elon Musk didn’t move to, you know, Angola or Romania to get rich. He moved somewhere that had the infrastructure to allow it but doesn’t want to give back to let it continue. |
I was responding to the bolded. You seem to have a good understanding of how paying into social security works. So do I. Good for both of us. That's a different topic than the criticism of people who have consistently heard it won't be around and thus haven't bothered to figure out how they are supposed to benefit from it. Looking back I'd say all of "social security won't be around for you" that I heard was an early form of disinformation. I heard it consistently, from older (and as it turns out, conservative) adults from many parts of my life. So, not a lot of reason to figure out what benefits it might have provided. Obviously having learned about it I now know that social security should be around and I fully expect it will be. |
It would have if it had been implemented earlier. At this point, even if the additional contributions didn't qualify the workers for higher payments (thus breaking the connection between FICA contributions and the benefit calculation) it would only close 73% of the shortfall https://www.ssa.gov/OACT/solvency/provisions/charts/chart_run106.html People who want to play around with various combinations of changes that would restore solvency might enjoy https://www.actuary.org/socialsecurity |
Balancing the risk that you die young (in which case claiming early makes sense) against the risk that you live a long time (in which case it makes sense to delay claiming) is a tricky thing. Your own health (using your ancestors as a guidepost is helpful but not definitive) matters a lot. For people who are married and/or have young or disabled kids who can get benefits on your record, the calculation is even more complex. And it's always going to be made with imperfect information. It also involves things that can't be quantified--some people get peace of mind knowing that they are getting benefits ASAP even if they're lower, and some people get peace of mind from knowing they are going to get the highest possible benefit. |
Well 80% of the people who voted for the orange thing apparently did not know that 99% of his policies would actually harm them. So yeah, not hard to believe that most people don't understand these simple things |
You are on the internet, so it would be very easy to avoid "propoganda" and do your own research in 5 mins if you cared to be informed |
Even that one has been publicized. You do read about people who literally do NOT remarry simply because of this benefit (if the EX was a High earner and the new spouse is not). Getting remarried takes away that benefit |
She's playing dumb. Its tiresome. |
You're wrong. They're not morons, they're just not as educated as you. Also, some of his voters are true believers and some just vote that way because everyone they know does. But if that Social Security stops flowing (whether SSI or SSDI) they will change their minds quickly and they are not weak nor are they idiots. |
I personally assume we won't see much, and calculate at most 50%. But that doesn't mean I dont' spend 30 mins educating myself on what I'd get if it's 100% when I retire. Not difficult to be informed if you care one bit. |
+1 or what will happened to SS with the gov't F'ing around with it. IMO almost always better to take what you can when you can. But then again, I also have saved for retirement and SS is just a supplement and not "necessary". But I'd prefer to get back some of what we have paid into it before we die |
Bezos won't collect anymore than someone making the income cap amount will. If they raise the cap, then they'd raise the amount paid out, so it woudlnt' fix it at all. Also, those at/above the cap are statistically more likely to live longer than those who made $30K yearly their entire lives. So it woudlnt' help the solvency issues |
well they have chosen to not be as educated as others. Everyone is offered a free K-12 learning and CC is very affordable, and so is then 2 years at StateU if you want to learn. Also with the internet, anyone can educate themselves very easily, they just have to want to do that. So yes, I'd argue if you choose to believe propaganda and not search for the truth/facts for yourself, that is on you. It's a choice |
Social Security operates more like an annuity that pays out while you are alive, with survivor benefits in certain circumstances to spouses or minor children. It is what it is--but it is up to your mom and everyone to know what you are entitled to and save enough for needs beyond what social security will provide.
I sympathize though because my mom divorced when I was young and never remarried. This apparently entitles her to a portion of my deceased father's social security, which she never claimed. She's now 84 and living on a limited income and I'm trying to help her claim those benefits at least for whatever years she has left. I'm absolutely furious with the current interference with social security and the impact that has on elderly people who will struggle to jump through all the hoops being put in place. Honestly it will mean I have to spend a ton of time and lost work to deal with it because my mom can't drive or figure it out herself. My husband and I have made sure we have accounts and have checked our current projected benefits on SSA.gov. We have ample retirement savings as well. We also unfortunately have relatives with zero saved for retirement...social security may be all they have. I'm not sure what republicans think we should do - just let people starve and die? Or expect people who have worked their whole lives paying into a system to just walk away? |