Keep getting fleeced and fattening the "insurance companies" of the Zionist mafia in your countries
This American’s mom just died and was going through her paperwork
Fuck the pensioners. You deserve to be slaves. All money to the military. More war.
Yeah, NO!
The numbers don't add up.
Max payment to SSA is 14.6% on a max of $176,100.
That is $25,710 with 1/2 paid by employee, 1/2 by employer.
So that is $25,710 for both of them.
(If self employed, it is 7.5% and then 3.75% - 11.25%, so a max of $19,699 year for both if both self employed)
$1,000,000 / 25,710 = 39 years at least at max.
Max payout is $5,108 monthly= $61,296 each per year.
If she received the minimum if 71.5 % of his benefits after living long enough to pay in over $1 million, her minimum yearly SS income would be $ 43,827.
It actually would be more since he died over the age 60.
And, since she was over FRA, SS income would not be taxed at 85% . AND, if that was her only income, it would not be taxed at all.
Something doesn't add up in the story.
Sa babe, I just did prove you wrong, "Otherwise".
DUH! Where do you think all of that Social Security "trust fund" money went?
Politicians, vote buying, illegal aliens and on and on.
Unless you're an uninformed clump of shit. This shouldn't be a surprise...
The age requirements basically assure that you won't live to get a tenth of it back. Just another screw job.
This is why Trump's idea is so much better. All the money we pay goes into our own private account that the gov't can't touch. Guess who started social security. You guessed, the Demonicrats!
Social security is basically ran an insurance policy administered like a Ponzi scheme so some people will get more than they ever put in and some people will get less.
It is, like most taxes, a scam. Some level of taxes are fair and necessary, but the level of corruption, fraud, and abuse renders the tax system into a giant scam because many if not most governments, state and federal, would go bankrupt if they were private businesses. Governments don't go bankrupt because they just raise taxes to compensate for the fraud, waste, and administrative incompetence. Federally they can also just print more money. It's mostly just legalized theft.
That's state business. Empty the pockets of honest citizens and distribute this money to dishonest scoundrels.
