pan6467

OK after research I must admit to being wrong on how SS works.

I was partially corect, this is just a quick overview of how it works directly from www.ssa.gov. Basically you can pay a max every year of 87,000. What you work is put into quarters every quarter right now is like 975. They then add up your quarters and determine what you get from there.

Company still matches dollar for dollar and the %age of the pay is 7+. 15 % if self employed and enrolled. This page breaks it all down;
http://ssa-custhelp.ssa.gov/cgi-bin/...cGFnZT0x&p_li=

One quick note: when you look at benefits paid you must remember out of that comes Medicare premiums. So like the 930 this year came to like 868/month.

PS KMA.... it was my alter ego.

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I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"