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Your Social Security Checks

21 Feb

 

If you get any Social  Security at all in any manner, you might want to read.

 

Did you know this?   Unfortunately most  did not, and I am one of those whose Social Security  funds are direct deposited to my bank, thus, I never see the checks.  Once  again, our beloved congressmen are playing fast and loose with vernacular.   What motive did they have for changing  the name of our Social  Security?  I’m sure they have a plan, and it won’t be to our betterment.

 

                                                       SS CHECKS!

 

Here we go.

 

JUST REALIZED THAT  WITH REQUIRED AUTO DEPOSIT, I NEVER GET TO SEE THE CHECK ….

 

ALERT EVERYONE YOU  KNOW. THIS AFFECTS ALL OF US.*

 

*Subject:*

SOCIAL SECURITY  becomes FEDERAL BENEFIT CHECK

 

Have you noticed, the  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  .

 

This isn’t a benefit .  It is 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 your and your employers 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 almost three  times more than today’s average Social Security benefit of $1,230 per month  ,according to the Social Security Administration

 

(Google it – its 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 (Knew)  that it was OUR 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.

Offered by John C.

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?

 

*You can bet I WILL  !!!*

 

 

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Posted by on February 21, 2014 in Business, Family, Goverment, Media, Organizations, Religion

 

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