I was merely making a point to Save Yourself that it's not hypocritical to expect money from an entity you were forced to pay into. You spent your entire life contributing to a program, therefore, you should expect something back. Taking back is not hypocritical.<quoted text>Check history,,,SS started out as voluntary. When the Gov realized that the fund would come up short of the needs for the program, it became mandatory.
So much for the FEDS running anything properly...like SS, Medicare, medicaid, Amtrak, USPS, Freddie Mack, Fannie Mae & more. They screw up everything.
Bottom line...If the Feds can't make it work financially, they move the line, raise taxes, exclude certain others, limit payments to doctors, etc.
Medicare recipients NOW pay a monthly co-pay for a manditory tax deduction. Explain all of this & more.
Screw the federal 'control' of programs. They always mess it up.
As we already know, Social Security is currently paying out more than it takes in. SS sends out pamphlets to citizens how much they (and their employers) contributed to the program and how much they will get out if they retired today. They list yearly contributions since you first entered the workforce.
Now if you take that pamphlet to a reputable investment agent and ask what you would be worth today had all that SS money been invested with their company, you would crap yourself. Not only because of your current worth, but because of your worth at the age of retirement.
If I drop dead blowing out the candles on my birthday cake when I turn 65, my heirs will inherit my houses, my car, my checking and savings account, my life insurance policy, all my personal belongings. What they won't see a dime of is all the money I contributed to SS along with my employer. That money will be gone. It won't exist. It will go to people I have never met and don't even know. My family sees not one dime of that money.