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Dec 30th, 2023
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 Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Lee in Texas]
#11888431
10/19/16 12:01 PM
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Joined: Feb 2004
Posts: 26,660
Bass_Bustin_Texan
TFF Guru
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TFF Guru
Joined: Feb 2004
Posts: 26,660 |
2025, it will be gone....meaning zero dollars to give out. So my money I paid is being used now....enjoy your pennies.
You can avoid having ulcers by adapting to the situation: If you fall in the mud puddle, check your pockets for fish. ~Unknown
Open your eyes & look within, are you satisfied with the life youre living.
No matter how good or bad you have it, wake up each day thankful for your life. Someone somewhere else is desperately fighting for theirs.
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Bass_Bustin_Texan]
#11888489
10/19/16 12:42 PM
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Joined: Jul 2005
Posts: 23,727
Hard Rain
TFF Guru
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TFF Guru
Joined: Jul 2005
Posts: 23,727 |
2025, it will be gone....meaning zero dollars to give out. So my money I paid is being used now....enjoy your pennies. Link?
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Hard Rain]
#11888579
10/19/16 01:26 PM
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Joined: Sep 2005
Posts: 28,110
Uncle Zeek
aka "Mom"
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aka "Mom"
Joined: Sep 2005
Posts: 28,110 |
2025, it will be gone....meaning zero dollars to give out. So my money I paid is being used now....enjoy your pennies. Link? Social Security says - on its own website - that the program will be insolvent by 2037. The solution will involve raising taxes or reducing benefits.
"Decency is not news; it is buried in the obituaries --but it is a force stronger than crime" ~ Robert A. Heinlein
Artim Law Firm, PLLC
Estate planning & tax attorney AND 07/02 FFL
2250 Morriss Road, Suite 205, Flower Mound, Texas 75028
972-746-0758 mobile
zac@artimlegal.com
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Lee in Texas]
#11888591
10/19/16 01:29 PM
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Joined: Mar 2013
Posts: 9,169
Lee in Texas
OP
TFF Celebrity
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OP
TFF Celebrity
Joined: Mar 2013
Posts: 9,169 |
This 'fund' was to NEVER be touched by Congress.
Had it remained that way, there would have been excesses !
But, I believe it was under Johnson....Congress then voted those funds be made available to them and they would be 're-paid' !!!
What a crock of BS....
Now your seeing and hearing the result.
God Bless
Lee
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Lee in Texas]
#11888610
10/19/16 01:37 PM
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Joined: Mar 2013
Posts: 9,169
Lee in Texas
OP
TFF Celebrity
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OP
TFF Celebrity
Joined: Mar 2013
Posts: 9,169 |
It was Johnson and the Democrats and perpetuated by Presidents after that.
Those funds were then 'accessible' to the 'General Fund' !!!!
That should have PO'd everyone.....but, it happened.
God Bless
Lee
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Uncle Zeek]
#11888614
10/19/16 01:40 PM
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Joined: Jul 2005
Posts: 23,727
Hard Rain
TFF Guru
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TFF Guru
Joined: Jul 2005
Posts: 23,727 |
2025, it will be gone....meaning zero dollars to give out. So my money I paid is being used now....enjoy your pennies. Link? Social Security says - on its own website - that the program will be insolvent by 2037. The solution will involve raising taxes or reducing benefits. Okay but BBT says 2025 it will be gone...that is a big difference and I would like to see the link.
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Lee in Texas]
#11888688
10/19/16 02:13 PM
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Joined: Sep 2005
Posts: 28,110
Uncle Zeek
aka "Mom"
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aka "Mom"
Joined: Sep 2005
Posts: 28,110 |
2025 is the projected date that the 'surplus' will be gone.
"Decency is not news; it is buried in the obituaries --but it is a force stronger than crime" ~ Robert A. Heinlein
Artim Law Firm, PLLC
Estate planning & tax attorney AND 07/02 FFL
2250 Morriss Road, Suite 205, Flower Mound, Texas 75028
972-746-0758 mobile
zac@artimlegal.com
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Lee in Texas]
#11888705
10/19/16 02:18 PM
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Joined: Oct 2002
Posts: 16,285
Kahuna
TFF Guru
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TFF Guru
Joined: Oct 2002
Posts: 16,285 |
It was Johnson and the Democrats and perpetuated by Presidents after that.
Those funds were then 'accessible' to the 'General Fund' !!!!
That should have PO'd everyone.....but, it happened.
God Bless
Lee
"borrowed" to pay for Vietnam War. So easy, they've all tapped it since. Would of been self sustaining if left alone.
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: 04champ]
#11888714
10/19/16 02:21 PM
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Joined: Apr 2009
Posts: 30,197
Moto-Moto
TFF Guru
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TFF Guru
Joined: Apr 2009
Posts: 30,197 |
can we just get rid of SS now? I'd like to dump that money in my 401K or IRA Yep. The problem is, poverty amongst retirees would skyrocket as not everyone is responsible enough to invest.
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Lee in Texas]
#11888718
10/19/16 02:22 PM
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Joined: Apr 2009
Posts: 30,197
Moto-Moto
TFF Guru
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TFF Guru
Joined: Apr 2009
Posts: 30,197 |
Railroad retirement is damn good.
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Moto-Moto]
#11888732
10/19/16 02:25 PM
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Joined: Oct 2002
Posts: 16,285
Kahuna
TFF Guru
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TFF Guru
Joined: Oct 2002
Posts: 16,285 |
Railroad retirement is excellent! FIFY
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: 04champ]
#11888874
10/19/16 03:46 PM
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Joined: Jun 2007
Posts: 169
PappawRock
Outdoorsman
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Outdoorsman
Joined: Jun 2007
Posts: 169 |
Tickled as a pup with a pork chop plenty of the time
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Hard Rain]
#11888880
10/19/16 03:49 PM
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Joined: Feb 2004
Posts: 26,660
Bass_Bustin_Texan
TFF Guru
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TFF Guru
Joined: Feb 2004
Posts: 26,660 |
2025, it will be gone....meaning zero dollars to give out. So my money I paid is being used now....enjoy your pennies. Link? Social Security says - on its own website - that the program will be insolvent by 2037. The solution will involve raising taxes or reducing benefits. Okay but BBT says 2025 it will be gone...that is a big difference and I would like to see the link. Watch the news and read the newspaper, been on several times last few months. I mention it here (in other post) and no one bats an eye....guess no one cares they are taking money each paycheck...money you will never see again. Does anyone see a problem with that? Or is it just me?
You can avoid having ulcers by adapting to the situation: If you fall in the mud puddle, check your pockets for fish. ~Unknown
Open your eyes & look within, are you satisfied with the life youre living.
No matter how good or bad you have it, wake up each day thankful for your life. Someone somewhere else is desperately fighting for theirs.
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: Kahuna]
#11888890
10/19/16 03:53 PM
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Joined: Jul 2007
Posts: 52,130
Trickster
Super Freak
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Super Freak
Joined: Jul 2007
Posts: 52,130 |
Railroad retirement is excellent! FIFY I had a chance to go to work for the RR in 1982. 
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Re: Well, Sorry - Not Good News if Your Retired AGAIN
[Re: PappawRock]
#11888903
10/19/16 03:58 PM
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Joined: Oct 2002
Posts: 16,285
Kahuna
TFF Guru
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TFF Guru
Joined: Oct 2002
Posts: 16,285 |
links are lame. Examiner is right down there with Brightbart.
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