He is sixty eight years old.
She is sixty seven years old.
After more than forty five years of paying into Social Security and Medicare with each and every paycheck they received; they retired.
Sometimes that payment meant that they did not eat for a day or two.
That is not BS; when your income is low any deductions hurt.
Between them they receive a total of $19,680.00 ($1640.00 per month) after paying still more for Medicare.
The Social Security administration is with holding 10.53% of their money to pay for Medicare part B.
(Government controlled health care insurance)
That is 11.86% of her Social Security, and 9.465% of his.
That Medicare part B government run health care insurance comes to $1,158.00 annually of any ones Social Security; it is $1,158.00 no matter how little your Social Security payment. Suppose you only received $5,000.00 total per year. Your net would be $3842.00. Could you live on that for 12 months? ($320.50 per month)
Between them this couple receives $1,640.00 per month after Medicare withholding. They paid into Medicare for over forty five years without using Medicare. Now that they are old enough to use Medicare they find they still have to pay into Medicare.
They still have to buy any medicines they need.
They have to buy supplemental health care insurance because Medicare is another one of the democrat’s “Ponzi scheme” rip offs and leaves them short of needed coverage.
Did I forget to mention that Medicare is a democratic Ponzi scheme?
So is Social Security.
Out of this very poor return on their investment; they must cover real estate taxes, home owners insurance, auto insurance, water, gas, electric, telephone, food, laundry, dental, medicine, and any maintenance costs for home and auto. And they must buy supplemental health insurance to cover what Medicare does not cover, or only partially covers.
Good thing their home is paid for. (More sacrifices hidden there)
Their real estate taxes include taxes for schools; they have not had a child in school for way over twenty years.
It also includes taxes for the local Vo-Tech school where none of their children have ever attended.
This couple is not stupid; they knew “Social Security” was not secure. They chose to take part of their income, and live on less, and invest privately for their retirement.
When Obama was elected and the democrats gained control of the House and Senate the market tanked.
Their retirement investments lost forty three (43%) percent of their value between September and the end of November in 2008 when the Kenyan imposter was elected. That is effectively a 43% tax and is not recoverable. The markets knew that all three braches of government being controlled by democrats would be a total disaster.
Democrats turn Social Security into a Ponzi scheme.
Social Security was “sold” as a retirement trust fund that would make money and last forever. It was not to be touched by any agency for anything.
It was touched by democrats; they spent it.
Trust the democrats. Perhaps this was their plan all along.
Social Security is nearly insolvent because the democrats raided and spent the Social Security funds for their own programs.
This couple paid into Social Security, in good faith, for over forty five years; of course they had no choice, it was another of those “mandates” by the democrats, but still they paid and they should receive.
Calling them parasites simply shows ignorance.
If this turns out to be another loss by this couple, but will help America, so be it; they have given to their country before, and will continue to do so.
If this is ANOTHER RAPE by democrats, you can readily say that they are VERY pissed.
The Social Security program is only one of MANY programs started by, corrupted by, and destroyed by democrats that were simply designed to take your money.
If you support democrats, then you do not know anything about democrats.
You would have to be an absolute idiot to vote for a democrat.