I want my damn $$$ back!!! - The Firearms Forum

Suicide*Ride · 10-15-2009, 05:05 AM

Does anyone know how I would go about getting back every penny that I've paid into Social Security?

Do I get a lawyer? Has it ever been done? Can I get interest paid on said amount?

I know that by the time I'm eligible for retirement, S/S will be bankrupt & there won't be any $$$!!

Looking forward to your advice.

SR

oscarmayer · 10-15-2009, 05:52 AM

good luck , but you'd be better off, going to acorn and telling them you're going to import 12 under age girls from a 3rd world nation and open a cat house and you need help getting funding.

jim summers · 10-15-2009, 08:20 AM

They are not going to give you squat, so don't even waste your time and money for a lawyer.

carver · 10-15-2009, 08:23 AM

Your money, and mine, has already been spent. The government is broke, and you will never get squat, as to asking for your money back!

ampaterry · 10-15-2009, 08:31 AM

There are a rare few who have the option of opting OUT of the SS plan, but even those cannot get back what they already paid into it.
But on the bright side, I have been hearing from people my age that SS will be bankrupt before we ever draw from it for several decades now -
And I have now reached the age where I AM drawing from it, in spite of all those claims.

The fact is, there are simply too many people on SS or CLOSE to being on SS.
They vote.
No politician is going to just END it.
They raised the retirement, but did it far enough in the future to avoid loosing too many votes in the process.

Gun Geezer · 10-15-2009, 10:07 AM

With the median income in the U.S. today being 52K/yr. very few could live on SS alone. However, it nicely supplements a retirement income that seemed adequate 25-30 years ago. Unless of course your meager retirement income is from a state retirement fund. Then your SS benefit is reduced by 60 %. I paid into SS for 35 years and I receive just over 200 dollars a month after 10 years of cost of living increases. How's that for fair? I'll bet the double dipping politicians don't get their benefits reduced. This country is like a turd swirling right before the flush. Hopefully I won't be alive to see the final result. If that turd is a politician, he's enjoying the ride!

pinecone70 · 10-15-2009, 10:22 AM

Quote:

Originally Posted by Suicide*Ride

Does anyone know how I would go about getting back every penny that I've paid into Social Security?

Do I get a lawyer? Has it ever been done? Can I get interest paid on said amount?

I know that by the time I'm eligible for retirement, S/S will be bankrupt & there won't be any $$$!!

Looking forward to your advice.

SR

Yeah, this money-suck just infuriates me.

I have to go and find something to distract myself now....

Suicide*Ride · 10-16-2009, 01:46 AM

I didn't mind paying into S/S when I thought I would see something when I reached the age of retirement, but jeeze.....

Folks today [read EVERONE] are paying in to a program that's just gunna shrug their shoulders when it's time to collect what they've paid in & I think now's the time to ask for @ least some of it back....

I feel like we're feeding a cash cow whose udders have dried up. I say stop feeding it & kill it & eat it before the meat's spoiled.

JMHO....

SR

PharmrJohn · 10-16-2009, 06:12 AM

Another overhaul that needs to be done. Government tends to drag feet when it comes to this. Seems to me there are obvious measures that could be enacted that would bolster the program......but it isn't being done. Oh well, we all want to work well into our eighties, right?

CampingJosh · 10-16-2009, 07:27 AM

Quote:

Originally Posted by Suicide*Ride

Does anyone know how I would go about getting back every penny that I've paid into Social Security?

Do I get a lawyer? Has it ever been done? Can I get interest paid on said amount?

I know that by the time I'm eligible for retirement, S/S will be bankrupt & there won't be any $$$!!

Looking forward to your advice.

SR

It's been tried before, and it's impossible. The money that you paid into the system is simply a TAX. It's not your money; it's not a savings program so that you have something at retirement; it is merely extra money that we have to pay in. The paying in and the paying out are totally unrelated. It is within the written law that way intentionally so that it isn't an insurance program.

Here is some good reading on it (to be fair, I just skimmed the article as a refresher, but it seemed OK): http://www.lewrockwell.com/orig3/attarian7.html

Terry_P · 10-16-2009, 08:40 AM

First off if SS invested the monies in something other than gov't bonds then the returns would provide a decent income for all and the trust fund would grow. Bush wanted to reform the system with a combination of private accounts and a fixed annunity. If that had passed there would have been some short term pain with paying for those like me that are now drawing from the system after paying in for 45 years. The system would become solvent in 10-15 years and going forward be successful. The problem is two fold: the SS Surplus fund has been raided to pay for other government programs like the Fed's personal cash box so those monies can't make money. Secondly the program is being used for things other than retirement. It has a disability payment system that is seriously being abused. I feel disability insurance should be separately funded and should have to stand on it's own. I understand the need for disability insurance for those that have been hurt or sick and cannot work. I'm guessing that most people on the site know someone that is on the program that is milking the system. They need to be flushed out of the system.

SS is a good system in it's original intent that if it had been set up as Bush envisioned then it would be a highly sucessful system instead the albatross that it now is and if they would quit using the fund as a gov't slush fund and another entitlement other than original intent it would succeed.

momo · 10-16-2009, 09:49 AM

Your money and mine are already gone! You might as well keep working till you die because there isn't going to be any retirement for us.

bcj1755 · 10-16-2009, 11:02 AM

When I first read the titile of this thread, I thought of the Meatloaf song "Life is a Lemon and I Want My Money Back"

To paraphrase a line from that song..."What about your future (under Obama)? It's defective! You can shove it up your a**!"

walien · 10-19-2009, 10:58 AM

Sadly, not many people in this country have saved enough for their own retirement. You'll never be able to get rid of SS. Seniors vote in droves and getting rid of it would make them starve and in reality they'd just end up on state welfare. In terms of how to get it, living long enough would be your best bet.

vytoland · 10-20-2009, 01:59 PM

you get it all back as soon as you push the rope up capital hill and kiss big brothers a$$.

artabr · 10-20-2009, 02:02 PM

I'll never see a cent that I paid in.

Art

10-15-2009, 05:05 AM	#1
Suicide*Ride Advanced Senior Member Join Date: Apr 2009 Location: Golden, Colorado Posts: 1,340	I want my damn $$$ back!!! Does anyone know how I would go about getting back every penny that I've paid into Social Security? Do I get a lawyer? Has it ever been done? Can I get interest paid on said amount? I know that by the time I'm eligible for retirement, S/S will be bankrupt & there won't be any $$$!! Looking forward to your advice. SR __________________ "The price of FREEDOM can be seen here" ******(the sign outside every VA hospital)****** In an emergency, people don't rise to the occasion, but are reduced to their level of training. When something is trying to eat you, it is hard to get off a good shot! "If you pick up a starving dog and make him prosperous, he will not bite you. This is the principal difference between a dog and a man." - Twain -->

10-15-2009, 05:52 AM	#2
oscarmayer Advanced Senior Member Join Date: Jun 2008 Contributor Posts: 2,387	Re: I want my damn $$$ back!!! good luck , but you'd be better off, going to acorn and telling them you're going to import 12 under age girls from a 3rd world nation and open a cat house and you need help getting funding.

10-15-2009, 08:20 AM	#3
jim summers Advanced Senior Member Join Date: Jul 2008 Location: I reside in southern Indiana, you can almost step out of my back door and be setting on Patoka Lake Posts: 1,056	Re: I want my damn $$$ back!!! They are not going to give you squat, so don't even waste your time and money for a lawyer. __________________ To Whom Much Is Given, Much Is Required.

10-15-2009, 08:23 AM	#4
carver TFF Moderator/Host Join Date: Jul 2008 Location: DAV, Deep in the Pineywoods of East Texas, just west of Shreveport, LA Contributor Posts: 11,285	Re: I want my damn $$$ back!!! Your money, and mine, has already been spent. The government is broke, and you will never get squat, as to asking for your money back! __________________ Y'all be safe now, ya hear! Lamentations Chapter 5: 1. Remember, O LORD, what is come upon us: consider, and behold our reproach. 2. Our inheritance is turned to strangers, our houses to aliens. 3. We are orphans and fatherless, our mothers [are] as widows. 5. Our necks [are] under persecution: we labour, [and] have no rest. 16. The crown is fallen [from] our head: woe unto us, that we have sinned! 21. Turn thou us unto thee, O LORD, and we shall be turned; renew our days as of old.

10-15-2009, 08:31 AM	#5
ampaterry TFF Admin Staff Chaplain Join Date: Dec 2008 Location: West Tennessee Contributor Posts: 6,288	Re: I want my damn $$$ back!!! There are a rare few who have the option of opting OUT of the SS plan, but even those cannot get back what they already paid into it. But on the bright side, I have been hearing from people my age that SS will be bankrupt before we ever draw from it for several decades now - And I have now reached the age where I AM drawing from it, in spite of all those claims. The fact is, there are simply too many people on SS or CLOSE to being on SS. They vote. No politician is going to just END it. They raised the retirement, but did it far enough in the future to avoid loosing too many votes in the process. __________________ A woman who demands further gun control legislation is like a chicken who roots for Colonel Sanders. Larry Elder

10-15-2009, 10:07 AM	#6
Gun Geezer Advanced Senior Member Join Date: Oct 2009 Location: Central Florida Posts: 1,710	Re: I want my damn $$$ back!!! With the median income in the U.S. today being 52K/yr. very few could live on SS alone. However, it nicely supplements a retirement income that seemed adequate 25-30 years ago. Unless of course your meager retirement income is from a state retirement fund. Then your SS benefit is reduced by 60 %. I paid into SS for 35 years and I receive just over 200 dollars a month after 10 years of cost of living increases. How's that for fair? I'll bet the double dipping politicians don't get their benefits reduced. This country is like a turd swirling right before the flush. Hopefully I won't be alive to see the final result. If that turd is a politician, he's enjoying the ride!

10-16-2009, 01:46 AM	#8
Suicide*Ride Advanced Senior Member Join Date: Apr 2009 Location: Golden, Colorado Posts: 1,340	Re: I want my damn $$$ back!!! I didn't mind paying into S/S when I thought I would see something when I reached the age of retirement, but jeeze..... Folks today [read EVERONE] are paying in to a program that's just gunna shrug their shoulders when it's time to collect what they've paid in & I think now's the time to ask for @ least some of it back.... I feel like we're feeding a cash cow whose udders have dried up. I say stop feeding it & kill it & eat it before the meat's spoiled. JMHO.... SR __________________ "The price of FREEDOM can be seen here" ******(the sign outside every VA hospital)****** In an emergency, people don't rise to the occasion, but are reduced to their level of training. When something is trying to eat you, it is hard to get off a good shot! "If you pick up a starving dog and make him prosperous, he will not bite you. This is the principal difference between a dog and a man." - Twain

10-16-2009, 06:12 AM	#9
PharmrJohn Senior Member Join Date: Jun 2009 Location: Western Washington Posts: 975	Re: I want my damn $$$ back!!! Another overhaul that needs to be done. Government tends to drag feet when it comes to this. Seems to me there are obvious measures that could be enacted that would bolster the program......but it isn't being done. Oh well, we all want to work well into our eighties, right?

10-16-2009, 08:40 AM	#11
Terry_P Advanced Senior Member Join Date: Mar 2008 Location: NH Posts: 2,513	Re: I want my damn $$$ back!!! First off if SS invested the monies in something other than gov't bonds then the returns would provide a decent income for all and the trust fund would grow. Bush wanted to reform the system with a combination of private accounts and a fixed annunity. If that had passed there would have been some short term pain with paying for those like me that are now drawing from the system after paying in for 45 years. The system would become solvent in 10-15 years and going forward be successful. The problem is two fold: the SS Surplus fund has been raided to pay for other government programs like the Fed's personal cash box so those monies can't make money. Secondly the program is being used for things other than retirement. It has a disability payment system that is seriously being abused. I feel disability insurance should be separately funded and should have to stand on it's own. I understand the need for disability insurance for those that have been hurt or sick and cannot work. I'm guessing that most people on the site know someone that is on the program that is milking the system. They need to be flushed out of the system. SS is a good system in it's original intent that if it had been set up as Bush envisioned then it would be a highly sucessful system instead the albatross that it now is and if they would quit using the fund as a gov't slush fund and another entitlement other than original intent it would succeed. __________________ NRA and NAHC Life "Both oligarch and tyrant mistrust the people, and therefore deprive them of their arms." -Aristotle

10-16-2009, 09:49 AM	#12
momo Former Guest Join Date: Sep 2007 Posts: 300	Re: I want my damn $$$ back!!! Your money and mine are already gone! You might as well keep working till you die because there isn't going to be any retirement for us.

10-16-2009, 11:02 AM	#13
bcj1755 Advanced Senior Member Join Date: Jul 2008 Location: A wretched hive of scum and villiany Posts: 4,357	Re: I want my damn $$$ back!!! When I first read the titile of this thread, I thought of the Meatloaf song "Life is a Lemon and I Want My Money Back" To paraphrase a line from that song..."What about your future (under Obama)? It's defective! You can shove it up your a**!" __________________ History is much like an endless waltz. The three beats of war, peace, and revolution continue on forever. Inter Arma Enim Silent Leges - Cicero If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that ye were our countrymen. - Samuel Adams

10-19-2009, 10:58 AM	#14
walien Former Guest Join Date: May 2009 Posts: 276	Re: I want my damn $$$ back!!! Sadly, not many people in this country have saved enough for their own retirement. You'll never be able to get rid of SS. Seniors vote in droves and getting rid of it would make them starve and in reality they'd just end up on state welfare. In terms of how to get it, living long enough would be your best bet.

10-20-2009, 02:02 PM	#16
artabr Advanced Senior Member Join Date: Mar 2008 Location: New Iberia, Louisiana Contributor Posts: 7,859	Re: I want my damn $$$ back!!! I'll never see a cent that I paid in. Art __________________ God and the soldier we like adore, In times of trouble, not before. When troubles ended and all things righted, God is forgotten and the soldier is slighted. Francis Quarles 1592 - 1644 __________________ When asked for my race, I answer CauCajun. Hope is not a plan, and not all change is good. The resistance is here; the resistance is now. RESIST! These hands are neither cold nor are they dead!!