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WE HEAR SO MUCH BULL ABOUT THE SOCIAL SECURITY SYSTEM;WHEN THE REAL CULPRIT IS THE MIS INFORMATION SPREAD BY THOSE THAT WANT TO GET THEIR GREEDY MITTS ON THAT POT OF GOLD. CORPORATE GREED IS THE REAL DANGER OF SOCIAL SECURITY! Bio RSS Contact Eric Schurenberg Blogroll View all postsmoneywatch.com / Retirement / Financial Independence
What’s the “Return” on Your Social Security Taxes?
..Whether you believe it or not, Social Security is going to be a part of your future, and when the time comes, you’ll be glad you’ve got it. Yes, our national pension system has some well-known fiscal problems, but Uncle Sam can solve them by any number of bearable cost-cutting and/or tax-raising solutions before the money runs out. The question remains, though: Is it worth it? Will the benefits you’d receive under current law compensate you for the career’s worth of taxes you’ll have paid into the system? The latest answer, generated by a new Urban Institute Social Security study, is: yes. (Surprised?) As far as it’s possible to project, Social Security and Medicare give you a positive return on your tax “investment” even after inflation. REMEMBER CORPORATE GREED HAS ALREADY RUINED THE WORKERS PENSION PLAN IN THE USA. THE NEXT STEP IS YOUR 401K, YOUR IRA, YOUR SOCIAL SECURITY! WAKE UP AN SAY NO MORE! REMEMBER CORPORATIONS DON'T GET COLD AND HUNGRY;PEOPLE DO!
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