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Surprise in Mail this morning

select-fireselect-fire Member Posts: 69,453 ✭✭✭✭
edited October 2022 in General Discussion

Somehow.. SS messed up my payments in the past.... Wife wondered what the x tra deposit was this month in the bank... Got a nice windfall from the SS folks and a nice raise a month till the 8.7 raise comes next yr. What a shocker.

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    BrookwoodBrookwood Member, Moderator Posts: 13,389 ******

    Careful there S\F. SS does make accounting mistakes and sometimes overpays. Then, when you least expect it, they make a withdrawal all at once! Happened to a good friend of mine a couple years ago and he was not the financially secure guy that I know you are.

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    select-fireselect-fire Member Posts: 69,453 ✭✭✭✭

    I will keep their letter. Underpaying me for yrs... who would have thunk

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    jimdeerejimdeere Member, Moderator Posts: 25,669 ******

    Did you send a thank you letter to Joe Biden?

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    WarbirdsWarbirds Member Posts: 16,839 ✭✭✭✭

    I have nothing but animosity for Social Security. Next year to pay for your pay raise they will withhold SS from the working class checks for the first $160K.

    In 2016 that number was $116K.

    The more you earn, the more they take & it is a never ending game, where they can change the rules as they see fit.

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    MobuckMobuck Member Posts: 13,793 ✭✭✭✭

    At the rate I'm going just 2 more years of work and my social security check will just about cover my MediCare premium.

    Now that's something to look forward to.

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    select-fireselect-fire Member Posts: 69,453 ✭✭✭✭
    https://forums.gunbroker.com/discussion/comment/11361020#Comment_11361020

    Who?

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    dunbarboyzdunbarboyz Member Posts: 2,187 ✭✭✭✭

    I got a letter last year telling me they figured wrong and were holding a month back. Easy come easy go.

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    Wild TurkeyWild Turkey Member Posts: 2,427 ✭✭✭✭

    I worked at several different jobs before I settled down to teaching. (including 20 good years in the Army Reserve)

    Had to medically retire after 15 years so I only get a fraction of "full retirement" which is relevant because my state's (KY) favorite senator passed a "Windfall Protection Act" or something similar and since I am getting retirement from a non-SS account they cut my SS benefits to about a third of what I'm "theoretically" entitled to receive.

    Didn't expect to ever draw SS so I take what little I get and pay some bills. It could be alot worse. ;)

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    AlpineAlpine Member Posts: 15,055 ✭✭✭✭

    It is called the Windfall Elimination Program. I don't receive enough after they steal their portion to pay for any insurance.

    ?The problem with socialism is that you eventually run out of other people's money.?
    Margaret Thatcher

    "There are three kinds of lies: lies, damned lies and statistics."
    Mark Twain
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