Ss raise

ONLYTONY

New member
I know some of us get the monthly money from SS. Love it, got a raise, but like last time they raised the insurance, and I ended up with $3, about the cost of a gallon of milk, or a gallon of gas. I guess they have a plan, and their sticking to it, and sticking it to us.
 

Trixie

Moderator
Yeah, I still need to figure mine out, need to start having taxes taken out. It can really get confusing. Do you have supplemental insurance too? If so, I'm going to need information on that when Medicare becomes primary for me.
 

ONLYTONY

New member
I'm 100% disabled veteran. The VA makes me get the SS insurance. I have Medicare 1, and 2. Being 100%, VA pays for everything, and my wife has free insurance, even meds.
 

soclose

New member
Yeah, I was impressed with the thought of a 2 per cent raise. Came to a whopping $32. Then, $24 raise to medicare and I get all of $96 a year more. Couldn't believe that stuff as medicare went up $5 monthly for the last 2 years. Have no health issues/drug needs thus far but wonder how many doctors will accept medicare when I do need it. Wondering if paying for medicare will be worth it versus stashing/investing that monthly bill to them. Gotta love the system... NOT.
 

ONLYTONY

New member
System ? I've been paying into SS for a very long time, and an illegal, his wife, and 2 kids, sneak into our country. We take care of them very well. He gets double of what I get, and he's never put a dime into SS. SS was meant to support working Amercians, that paid into it, so they could retire and live a good life, NOT illegals that sneak into our country, and live very well on all the free stuff we give them. The system sucks, but it's our system.
 

germansheperd

New member
System ? I've been paying into SS for a very long time, and an illegal, his wife, and 2 kids, sneak into our country. We take care of them very well. He gets double of what I get, and he's never put a dime into SS. SS was meant to support working Amercians, that paid into it, so they could retire and live a good life, NOT illegals that sneak into our country, and live very well on all the free stuff we give them. The system sucks, but it's our system.
Well the illegal that sneaks into the country wont get any benefits. Hypothetically if an illegal sneaks into the country gets married to an American,has 2 kids, and works under the table they get:
Health care for 3- dental, optical, and drug
Food Stamps for 4
Cash assistance
Possible housing assistance
If a m and f illegal sneak in and have 2 kids that above but health care for 2 but they can run up Dr bills and never pay by going to the emergency room.
The illegals themselves don’t get any freebies per se ONLY if they get ‘REFUGEE’ status-quite rare btw. Now use your imagination besides those south of the border who can manipulate that one.
 

Trixie

Moderator
Illegals aren't the problem with SS and Medicare. I'm lucky that all my providers except my chiropractor accept medicare.
 

steve

With "LOD" Since 1997
System ? I've been paying into SS for a very long time, and an illegal, his wife, and 2 kids, sneak into our country. We take care of them very well. He gets double of what I get, and he's never put a dime into SS. SS was meant to support working Amercians, that paid into it, so they could retire and live a good life, NOT illegals that sneak into our country, and live very well on all the free stuff we give them. The system sucks, but it's our system.
Not sure who told you that SS is a retirement plan. It's not, it's an entitlement welfare program to keep people out of poverty in old age or due to disability, you paid into nothing, all you did was pay a tax like any other tax. The original name is Old-Age, Survivors, and Disability Insurance (OASDI) program. Nothing about living a good life in retirement. You want that then you need your own retirement plan, pension, etc. If you are going to collect on the old-age insurance benefits part of SS then you have to have meet qualifications. You won't be able to come here illegally or legally and collect on that part.

In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program.[1] The original Social Security Act was signed into law by President Franklin Roosevelt in 1935,[2] and the current version of the Act, as amended,[3] encompasses several social welfare and social insurance programs.

Social Security is funded primarily through payroll taxes called Federal Insurance Contributions Act tax (FICA) or Self Employed Contributions Act Tax (SECA). Tax deposits are collected by the Internal Revenue Service (IRS) and are formally entrusted to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, the two Social Security Trust Funds.[4][5] With a few exceptions, all salaried income, up to an amount specifically determined by law (see tax rate table below), is subject to the Social Security payroll tax. All income over said amount is not taxed. In 2017, the maximum amount of taxable earnings was $127,200.[6]
 

steve

With "LOD" Since 1997
While I agree, I don't think that's the wide spread view of the general populace.
True it may not be their view but that does not make it so. This notion that you work to your 60s then can sit back and just get SS and live a good life is a bill of goods. Need to read what it is and what it was intended for when started. It was welfare for old people to keep them just out of poverty that could no longer work in the factories and on farms. If you do the math no way you can live the good life on SS alone, at least in high cost of living areas. I have my 93 y/o grandmother living with me, no way she could live comfortable on it by herself. I was the renter in the 2 family she lived in but taxes were $12k a year there, if she did not rent it out full time to a good renter she would be in trouble and there is the upkeep and heat and water was included since only one boiler and water heater. She has a small pension of like $1k a year from the company she retired from too. You got to put into IRAs, pension, have rental income, huge savings, investments, etc, or just continue to work as long as you can if you want to have the good life.

My uncle (grandmas eldest) worked off the books for years, then started to pay in at the end, then took SS as soon as he could, like at 62 so he got the minimum. He has been homeless. Nevertheless sleeping in expensive real estate in Hoboken on the streets with breathtaking views of NYC. When he gets sick he goes to the ER, stays in the hospital and the tax payers cover it. He was trying to get section 8 housing, but the list is long and others with kids I think get preference. He made his bed now he has to lay in it. Can't help him, he will just gamble, drink and smoke away any hand outs.
 
Top