If it's a conservative getting screwed with lib spectators, then...yes.
What happens to us who are old enough to get SS or disability but do not apply as the income may put them in a higher tax bracket?????
Is there a law that says a person old enough for SS has to take medicare if on a spouses health insurance ???
Is there a law that says a person HAS to claim SS at a certain age when eligible but needs the tax benefits if they do not apply ???
Use to be every year we would get a statement from the government about our rights and earnings in the mail. A
statement of all years worked and years we did not work and the amount of money we paid in. The potential pay outs for the disabled and the pay out for the age one applied. Death benefits and pay out to dependens of the deceased.
I have not seen one of these statements in a couple of years. WHY NOT, whats with the no information on the benefits we have payed into for 30 years ??? Sort of like if your 401K stopped sending you quarterly statements .
We need the paperwork from the government to be able to bring to the SS office and not have to depend on some Temp worker or lazy full time worker to decide on our benefits. We need the paper work. back the rules of the road, the ability to know if it is better to put our funds in government bonds or a 401k plan that is a win or loose proposition. Governmet bonds are a sure thing, 40k's are a gamble at best.
Thing at worries me is my Husbands 401K is making way to much money , I can see a steady slow climb but in this election year I fear after the election he may loose all. Too much gain is to be questioned.
I told Hubby to wait until the next quarter if the gains are still over what is reasonable to Pull it out, pay the tax and invest in Government bonds. He thinks I am NUTS, but I feel that to loose the money the government has to collapes completely. 401k is a stock market gamble, but as long as we have America our bonds are safe.