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Post Info TOPIC: Your Social Security


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Your Social Security


 
Read it and weep.
 

This is interesting, no matter what party you belong to.   


 

 

Your Social Security

some older ones) didn't know this. It's easy to check out, if you don't believe it.  Be sure and show it to your kids. They need a little history lesson on what's what and it doesn't matter whether you are Democrat or Republican. Facts are Facts!!!
 
Just in case some of you young whippersnappers (&
Social Security Cards
up until the 1980s expressly stated the number and card were not to be used for identification purposes. Since nearly everyone in the United States now has a number, it became convenient to use it anyway and the message was removed.[9]
An old Social Security card with the "NOT FOR IDENTIFICATION" message.
Our Social Security 

Franklin Roosevelt, a Democrat, introduced the Social 
Security (FICA) Program. He promised: 

1.) That participation in the Program would be 
Completely voluntary,
 

No longer Voluntary 


2.) That the participants would only have to pay 
1% of the first $1,400 of their annual 
Incomes into the Program,
 

Now 7.65% 
on the first $90,000 
  

3.) That the money the participants elected to put 
into the Program would be deductible from 
their income for tax purposes each year,
 

No longer tax deductible 


4.) That the money the participants put into the 
independent 'Trust Fund' rather than into the 
general operating fund, and therefore, would 
only be used to fund the Social Security 
Retirement Program, and no other 
Government program, and,
 

Under Johnson the money was moved to 
The General Fund and Spent 


5.) That the annuity payments to the retirees would never be taxed as income.
 

Under Clinton & Gore 
Up to 85% of your Social Security can be Taxed 

Since many of us have paid into FICA for years and are 
now receiving a Social Security check every month -- 
and then finding that we are getting taxed on 85% of 
the money we paid to the Federal government to 'put 
away' -- you may be interested in the following: 

------------ --------- --------- --------- --------- --------- ---- 


Q: Which Political Party took Social Security from the 
independent 'Trust Fund' and put it into the 
general fund so that Congress could spend it? 

A: It was Lyndon Johnson and the democratically 
controlled House and Senate. 


------------ --------- --------- --------- --------- --------- --------- -- 


Q: Which Political Party eliminated the income tax 
deduction for Social Security (FICA) withholding? 

A: The Democratic Party. 


------------ --------- --------- --------- --------- --------- --------- ----- 


Q: Which Political Party started taxing Social 
Security annuities? 

A: The Democratic Party, with Al Gore casting the 
'tie-breaking' deciding vote as President of the 
Senate, while he was Vice President of the  US 


------------ --------- --------- --------- --------- --------- --------- - 


Q: Which Political Party decided to start
giving annuity payments to immigrants? 

AND MY FAVORITE: 

A: That's right!
 

Jimmy Carter and the Democratic Party. 
Immigrants moved into this country, and at age 65, 
began to receive Social Security payments! The 
Democratic Party gave these payments to them, 
even though they never paid a dime into it! 


------------ -- ------------ --------- ----- ------------ --------- --------- 


Then, after violating the original contract (FICA), 

the Democrats turn around and tell you that the Republicans 
      want to take your Social Security away! 

And the worst part about it is uninformed citizens believe it!
 


AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM!!!  


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Well May 11,2011 I will be 62 and able to collect SS. When growing up I heard that it wont be there. It is having major problems so I hope it lasts and I get my money back.Definely not going to wait until I'm 66 AS THAT AGE LIMIT WILL BE INCREASED TO 70 real soon

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Chevelle396 wrote:

Well May 11,2011 I will be 62 and able to collect SS. When growing up I heard that it wont be there. It is having major problems so I hope it lasts and I get my money back.Definely not going to wait until I'm 66 AS THAT AGE LIMIT WILL BE INCREASED TO 70 real soon



I have another 2-1/2 years to go but plan to do the same if there is anything left by then. With BO as President I doubt that there will be or he will just keep raising the age limit as you mentioned.  Better get that 396 soon to get your mind off some things.

 



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Was looking on e-bay today for the 396.
Definely hope we get the $ we both put in there.

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Chevelle396 you are closer to it then I am. You should be ok I would think. Can't blame you for going for what you can get now. Wait and you may have to turn 80 to get it. biggrin

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Definely going for it on my 62 b-day.
Man cant beleive I posted that.I was just 40 yesterday.
I can remember the old guys talking the way I am talking now.

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Chevelle396 wrote:

Definely going for it on my 62 b-day.
Man cant beleive I posted that.I was just 40 yesterday.
I can remember the old guys talking the way I am talking now.



We are the old people now. no

 



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To Believe In Legal Immigration And Not Illegal Immigration Does Not Make One A Racist (Quote: Lou Dobbs CNN)



Veteran Member

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We might be the OLD people now but so far I'm feeling good and have been more active then what I can remember my parents being.
Just yesterday my 8 yr old g-son ask me ..Pop-Pop when were you born.I tell him 1949.He looks at me and says.That's a long tome ago.
I can remember asking my father that same question.

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CHEVELLE39.
Don't wait til may I would put in right after Jan 1st.THIS WAY LIKE ME YOU WILL GET YOUR FIRST CHECK EITHER THE MONTH OF YOUR BIRTHDAY OR THE NEXT MONTH WITH RETROACTIVE PAY FOR MAY. You can do it over the phone.   DIXIE



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Veteran Member

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I'm planning to be at the SS building first thing in Jan.
Still cant beleive this time is coming up.

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Guru

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I hear ya ! I still can't believe I'm on S/S  Where did the years go ??

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