Uh...yes. That's how it works.
lol.....double dipping. nice. no wonder you would give up your ss.
I don't think I get both......now that I think about it. I don't really know how it all works since I'm not even close to reitrement.
color me surprised. do you PAY ss tax?
Its a crap question based on if personal greed will come into account. I have no personal greed when it comes to my principles. I have never wanted social security nor do I desire it now and if I live to be hundred and have nothing to show for myself I will think the same.
Btw, I'm 28.
I have two jobs. Yes, I pay SS tax.
i meant on your teacher's wages.
I'm really not sure. I would assume since I don't get SS then I shouldn't pay into it.
We expect that you will get a monthly check when you retire. When you retire you will no longer contribute. Money is being witheld from you. Your employer is matching it. This assures you some security for ols=d age or if you are unable to work, Off hand it seems like pretty good deal but leave it to our politicians to mess it all upI'm really not sure. I would assume since I don't get SS then I shouldn't pay into it.
holy cow. you are either lying or very ignorant. since you don't get ss, would you give up your teacher's pension? after all, taxpayers fund that as well.
I'm pretty stupid about retirement questions, yes. It doesn't concern me right now so I haven't really asked.
Yes, I would be fine with the pensions for teachers in my state going away. I can save for my own retirement, thanks.
Discuss.
i vote no, and i am over 40.
mellie, it isn't about retirement questions. don't you get a w2? paychecks? how can you argue economics here if you don't even know what comprises your paycheck? i'm actually stunned.
Yes, lib, I obviously get those things. I just looked at my last paystub from school. I don't see any SS taken out. My other job...yes. What else would you like to know?
yes, I donate more a year than my SS would pay out....
good for you.
no, you didn't. you payed taxes. those taxes were immediately spent on everything from roads to pork projects to others benefits. SS is a tax - the FDR administration set it up that way when it put it into place and the Supreme Court has verified that on multiple occasions. so you 'put money into it' no more or less than you did, say, agricultural subsidies.
now - this isn't what you've been told. generations of politicians have kept themselves safely seated by telling us it was some kind of savings, or insurance, or retirement program. they even had the SSA send out nifty little yearly statements pretending to show people what 'they' had earned.
only problem was that those 'statements'' were built on the same model that bernie madoffs client account statements' were. and they were both lies.
that depends on how old you are, how much money you have, and how long you intend to live.
actually its about to start being harder to be older.
you intend to continue to draw benefits post mortem? are you a chicago voter?
if you are retired then you'd better hope like hell the Ryan plan passes come 2013. because otherwise you are looking at possibly getting thrown off of both SS and Medicare cold turkey in the not-nearly-as-distant-as-we'd-like future.
but are you over 70?
You already got your return. Your payments helped to support your parents' generation through retirement. If you wanted the SS program to continue at present levels, you and those that think like you should have increased the amount you payed in to offset the burden of the boomer generation.I started working full time at 17 and "paying" into SS, did you catch the key word "paying" . SS benefits are not a gift from the government they were deducted from our pay checks every pay day, no one said you can chose whether or not you want to contribute. Many people have paid into SS for most of their life, paid to educate our children and now you have the gall to call us greedy because we want a return on our SS investment. I have a better idea why don't you and those who think like you increase the amount you pay in to insure that the SS program continues
Btw I am 64
except you were never promised what you paid in.
holy cow. you are either lying or very ignorant. since you don't get ss, would you give up your teacher's pension? after all, taxpayers fund that as well.
I find it amazing that people on this board can continuously call social security a pension when the AVERAGE payout is 1,177.00, thats average which means just as many GET LESS than get more, the max payment for SS that only the richest of us can qualify for is 2.366.00 which only the richest of american can qualify for.
I also find it incredible that so many of the richer americans on this forum cant even REALIZE that there are people that cannot survive without that little bit of SS and medicare..and I cant believe that there are so many miserable self centered rich americans that cant REALIZE that the working poor and lower middle class workes...Walmart type workers DO NOT make enough money to save for their retirements and health benefits and still by lifes necessities...and I cant believe that the richest of americans cant figure out that they WILL PAY eventually anyway and pay more. I dont like this new america and ive been here alot longer than most of you and I certainly do NOT like this new republican party...Im staying a republican only so I can vote against teaparty brats in the primaries
14...lying or ignorant...you are on a tear today arent you?
Heres the basic reality. Every person that has worked has been forced under the threat of prison to pay taxes. Those taxes were not collected just for the operation of the country and spent by a responsible governing body. Those taxes TAKEN without say by citizens of the country were obligated to certain programs for people 'own good' whether they like them or not. Now you would suggest that people that have a reasonable expectation to receive back those funds which have been taken from them are hypocrites because even though they oppose government social programs they wont give up any claim to THEIR OWN MONEY which was taken from them for said programs. Its kind of a silly position to take, Lib...