CIR significant detail - Page 2
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Originally Posted by Smarty
Wait, you are entitled to ss when you hit a certain age, doesn't matter how much you paid into it. They're just taking this money to put in towards to border security so the bill remains deficit neutral. Am I missing something? Why the freak out???
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Originally Posted by Dreamer X
Cause we're getting jacked of our hard earned money. It's money that we will need when we get older and unable to work. the amount of money that you get during this time period would not be counted which means your SS checks would be significantly smaller especially if you were working in that time span.
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Approved: 11/4/2012
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Originally Posted by Smarty
Dude, you're getting jacked now!! Your hard earned money is going to pay for ss benefits for old ppl now! Ss works like ponzu scheme!
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| Once you become a us citizen and hit 67, you will start getting those checks! Irrespective of how much you paid!!!! |
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| They will look at your net worth not how much you paid! |
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"I shall seize Fate by the throat; it shall certainly not bend and crush me completely" -Ludwig von Beethoven
Last edited by Dreamer X; 06-26-2013 at 01:51 PM..
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Quote:
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Originally Posted by Dreamer X
Cause we're getting jacked of our hard earned money. It's money that we will need when we get older and unable to work. The amount of money that you get during this time period would not be counted which means your SS checks would be significantly smaller especially if you were working in that time span 2004-2014. 10 years of work, not being counted. That just sucks.
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Originally Posted by Dreamer X
Oh yeah? Cool story bro...and it's "Ponzi". Don't tell me something I already know.
*Facepalm* That wasn't the point. Ugh.. *bigger facepalm* |
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Originally Posted by Smarty
Great argument! You should be a professional debater.
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Originally Posted by Smarty
Ok so social security benefits are based on a person's highest 35 years of earnings, which are then indexed for wage growth. This would have an impact but I guess that's the price we will have to pay. Unless it's taken out. I don't think it will be a substantial one.
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