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re: The payroll income cap increases every year. Why is SS going broke?

Posted on 4/3/24 at 10:00 pm to
Posted by bayouteche
The Beaches of Wham
Member since Nov 2012
1152 posts
Posted on 4/3/24 at 10:00 pm to
3 pages and no one asked you what PIA meant?

Which field office you work at baw?
Posted by Lynxrufus2012
Central Kentucky
Member since Mar 2020
12221 posts
Posted on 4/3/24 at 10:04 pm to
Well you know what is going to happen. It will be means tested and all of us that saved and put money away in a 401-k will get hosed. That is if they don’t just confiscate our 401-k and stick it in the system.

Do not trust these bastards to do what is right.
Posted by UnluckyTiger
Member since Sep 2003
35877 posts
Posted on 4/4/24 at 8:27 am to
I’ve seen rumors of them increasing from 168 to 250k such bs
Posted by BlackAdam
Member since Jan 2016
6459 posts
Posted on 4/4/24 at 8:58 am to
quote:

How so? I didn't think WEP doesn't applied if you have 30 or more years of substantial earnings under Social Security. If you got 30 years of max contributions, why wouldn't you receive your SS benefits (under current law). WEP


I was unaware of this. I just did the calculator, and i currently don't have a benefit of about, but If I work til 62 I'll get about $300. Ill bitch slightly less about the WEP.
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