This American’s mom just died and was going through her paperwork


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Duration: 2:19 Views: 9.7K Submitted: 2 months ago Submitted by:
Her mom and dad paid in roughly $1 million combined into social security throughout their lives Her dad died before he could collect, her mom only collected for 4 years at 32k per year They got back $128,000 combined from social security before they both died after paying in a million
Categories: Debate & Discussion
Tags: scam USA
Add comment 12 comments
:) 8-) ;( :D :( :O :P ;) :heart: :ermm: :angel: :angry: :alien: :blink: :blush: :cheerful: :devil: :dizzy: :getlost: :happy: :kissing: :ninja: :pinch: :pouty: :sick: :sideways: :silly: :sleeping: :unsure: :woot: :wassat:
0 +1 ShlomoShekelsteinberg 2 months ago

Keep getting fleeced and fattening the "insurance companies" of the Zionist mafia in your countries

1 +1 Teatag 2 months ago

Fuck the pensioners. You deserve to be slaves. All money to the military. More war.

0 +1 demDU 2 months ago

I said what I did.
But this site doesn't allow facts to be spoken.

1 +1 Cripple 2 months ago

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".

1 +1 Teatag 2 months ago

@Cripple you are too stupid to run this type of analysis.

8 +1 kma8675309 2 months ago

DUH! Where do you think all of that Social Security "trust fund" money went?
Politicians, vote buying, illegal aliens and on and on.

3 +1 jomofo22 2 months ago

Unless you're an uninformed clump of shit. This shouldn't be a surprise...

6 +1 tommix1 2 months ago

The age requirements basically assure that you won't live to get a tenth of it back. Just another screw job.

4 +1 MisterProgneto 2 months ago

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!

0 +1 ScreaminMime 2 months ago

@MisterProgneto
Bush tried to do this a quarter century ago :ermm:

12 +1 m3anmachin3 2 months ago

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.

8 +1 lordzedd 2 months ago

Thats how socialism works.

10 +1 oroboros 2 months ago

That's state business. Empty the pockets of honest citizens and distribute this money to dishonest scoundrels.

5 +1 W4lk3r90 2 months ago

Social security is a tax just like how National insurance is a tax in the UK, SOMEONE TEACH BIMBO ECONOMICS and her country has always profited from death the most