sox4lifeinPA Posted January 2, 2008 Share Posted January 2, 2008 This will probably end up in the Buster, but I'm too lazy. How on God's green Earth do "permanent residents" come in and cash 2k in checks each month? What are they doing to earn that? Is it a deceased spouse from a war? loop holes that some how minorities know about and no one else? anyone? Quote Link to comment Share on other sites More sharing options...
Mplssoxfan Posted January 2, 2008 Share Posted January 2, 2008 QUOTE(sox4lifeinPA @ Jan 2, 2008 -> 03:46 PM) This will probably end up in the Buster, but I'm too lazy. How on God's green Earth do "permanent residents" come in and cash 2k in checks each month? What are they doing to earn that? Is it a deceased spouse from a war? loop holes that some how minorities know about and no one else? anyone? "Permanent residents"? If these people are working legally in the US and paying taxes each paycheck, they probably have earned their checks. I have a friend whose father played in the NHL and worked for various teams after his career. He and his wife never became citizens, but have working visas -- they should be entitled to the money they legally earned, shouldn't they? Quote Link to comment Share on other sites More sharing options...
sox4lifeinPA Posted January 3, 2008 Author Share Posted January 3, 2008 there's more to it than that. is there a social security payout list somewhere that shows what you need to put in to see what you get out? that'd be interesting. Quote Link to comment Share on other sites More sharing options...
jasonxctf Posted January 3, 2008 Share Posted January 3, 2008 you should receive a yearly report on your own earning credits from Social Security each and every year. I do and I'm 28. By the way, the more you work, the more you get. I've already qualified for SS payouts, but after 7 years of full time work I think my payout by 67 will be $1300 a month. Obviously that will grow as I contribute more. So someone getting a check for $2000 a month probably worked 15 years full time. Quote Link to comment Share on other sites More sharing options...
vandy125 Posted January 3, 2008 Share Posted January 3, 2008 QUOTE(jasonxctf @ Jan 2, 2008 -> 09:18 PM) you should receive a yearly report on your own earning credits from Social Security each and every year. I do and I'm 28. By the way, the more you work, the more you get. I've already qualified for SS payouts, but after 7 years of full time work I think my payout by 67 will be $1300 a month. Obviously that will grow as I contribute more. So someone getting a check for $2000 a month probably worked 15 years full time. I am right at that same age, but I'm not looking forward to getting SS at all. It is all going to be eaten up well before I hit that age. Sorry to derail the topic there for a bit. I just don't even look at the things that get sent out all that much anymore. This is a broke system. Quote Link to comment Share on other sites More sharing options...
sox4lifeinPA Posted January 3, 2008 Author Share Posted January 3, 2008 Quick SS Calculator tell me how you get a 2k check with that calculator. I see people with the last name Smith get 1k, and people with the last name Pho Duc get 2k. I can't believe it's simply about income. Quote Link to comment Share on other sites More sharing options...
mreye Posted January 3, 2008 Share Posted January 3, 2008 Tex and Jim should chime in on this subject. I'm sure they know all about Social Security payments. Quote Link to comment Share on other sites More sharing options...
sox4lifeinPA Posted January 3, 2008 Author Share Posted January 3, 2008 QUOTE(mreye @ Jan 3, 2008 -> 09:39 AM) Tex and Jim should chime in on this subject. I'm sure they know all about Social Security payments. Quote Link to comment Share on other sites More sharing options...
jasonxctf Posted January 3, 2008 Share Posted January 3, 2008 its all about how much $ you make/contribute today. there is also a yearly max of $102k. any income you earn over $102k, doesn't have ss benefits deducted from it, thus you keep more today, but don't get any additional benefits on that in the future. Quote Link to comment Share on other sites More sharing options...
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