Subject:
SOCIAL SECURITY NAME CHANGE
I'm
forwarding because I also agree. but this needs to get out of the
Internet and on the news. Is Fox News listening?
Pay
attention to your next Social Security income, whether you get
a check
or an
|
what
it is now
called...see below..
|
|
|
|
|
SOCIAL
SECURITY NOW CALLED 'FEDERAL BENEFIT
PAYMENT'/ENTITLEMENT!
Have you noticed,
your Social Security check is now referred to as
a "Federal
Benefit Payment"?
I'll be part
of the one percent to forward this.
I
am forwarding it because it touches a nerve in
me, and I hope it will in
you.
Please keep passing it on
until everyone in our country has read
it.
The government is now referring
to our Social Security checks as a “Federal
Benefit Payment.”
|
|
|
|
I
think we should deluge washington with PROTESTS. Write your
congressman and senators. If
we
DON'T.......who WILL??? Washington has a SITE for
PROTESTS. A federal benefit.....my A--!
This
isn’t a benefit – its earned income!
Not
only did we all contribute to Social Security but our employers
did too.
It totaled 15% of our income before taxes.
If you averaged
$30K per year over your working life, that's close to $180,000
invested in Social Security.
If you calculate
the future value of your monthly investment in social security
($375/month, including both
yours and your employer’s
contributions) at a meager 1% interest rate compounded monthly,
after 40 years of
working you'd have
more than $1.3+ million dollars saved! This is your
personal investment.
Upon retirement, if you
took out only 3% per year, you'd receive$39,318 per year, or
$3,277 per month.
That’s almostthree times
more than
today’s average Social Security benefit of $1,230 per month,
according to the
Social Secur ity
Administration (Google it - it’s a fact).
And your
retirement fund would last more than 33 years (until you're 98 if
you retire at age 65)!
I can only imagine
how much better most average-income people could live in
retirement if our government had
just invested our
money in low-risk interest-earning accounts.
Instead, the
folks in Washington pulled off a bigger Ponzi scheme than Bernie
Madoff ever did.
They
took our money and used it elsewhere. They “forgot” that it
wasOUR money they were
taking.
They
didn’t have a referendum to ask us if we wanted to lend the money
to them.
And
they didn’t pay interest on the debt they assumed.
And recently, they’ve
told us that the money won’t support us for very much longer.
But is it our
fault they misused our investments?
And
now, to add insult to injury, they’re calling it a “benefit,” as
if we never worked to earn every penny of it.
Just
because they “borrowed” the money, doesn't mean that our
investments were a charity!
Let’s take a stand.
We have earned
our right to Social Security and Medicare.
Demand that our
legislators bring some sense into our government –
Find a way to
keep Social Security and Medicare going, for the sake of that 92%
of our population who need it.
Then call it what
it is:
Our Earned
Retirement Income.
99% of people won't forward
this.
Will you?
|
No comments:
Post a Comment