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I was smart and invested in Social Security. Oh yeah... crap.
by coldcode 13y ago
I was smart and invested in Social Security. Oh yeah... crap.
- samspenc 13y agoIs Social Security mandatory? I've been wondering about this.
- greenyoda 13y agoIf you mean, "can you opt out of paying for it and then not collect benefits when you retire", the answer is no. Your employer is required to withhold it from your salary (or if you're self-employed, you are required to pay the tax yourself).
- FireBeyond 13y agoAnd a lot of the time, if you’re a Green Card holder, or emigrant citizen, not only are they required to withhold it, but you’re also forbidden from claiming it.
- HNaTTY 13y agoYou can squeeze a few thousand retired civil servants, but you can't squeeze all of America. The only solution to an impending Social Security crisis is "monetary easing".
- dnautics 13y agowhich, of course will screw the rich by draining the stock markets and making institutional lenders poorer.