Quote:
Originally Posted by JRcorvette
They need to let younger people put their money into a secure group of Mutual funds so that it will grow to a nice retirement amount. Anytime the government controls things it will not turn out well. They have raided the SS fund many times and used it for other pet projects. Eventually it will dry up. We have way too many government give away programs as it is right now.
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The SS fund has NEVER been raided for ‘Pet Projects’ Our SS checks are paid by current workers, and any shortage comes from the SS Trust Fund created decades ago in anticipation of shortages due to less children born. The Trust Fund will run out approximately 2033-2034 unless Congress votes to Smash The Cap, currently $176,100 for higher earners. All administrations have done nothing to assure SS remains intact for the future. Politicians want to give SS to Wall Street to invest in stocks=disaster
Call your elected officials to demand they support SS by keeping employees available to help recipients when calling or visiting SS offices.
I found Dr Ed Weir on Utube, he ran the 3rd busiest SS office in the country until he retired. Now, Dr Weir does Utube podcasts daily to help all of us with the latest changes & answers questions WE call or write in. He debunks all the myths. He has his own web page that people can search
mygovexpert.com
He has also partnered with a company I can’t recall at the moment, that will assist you with choosing the best Medicare plan suited to your needs(any state) all for free. Listen to Dr Ed Weir’s Utube videos & you can learn of his vast knowledge on all SS claims & Medicare partnership. It’s all free.