The Mudcat Café TM
Thread #131082 Message #3004964
Posted By: Sawzaw
12-Oct-10 - 01:35 AM
Thread Name: BS: Who Owns your Social Security?
Subject: RE: BS: Who Owns your Social Security?
"Your question, Sawz, is idiotic on the face of it- there are no individual Social Security deposit accounts.
Never said there was.
But I get this letter every year thats says your Social Secuirty Statement so I gess it means I have an account. It not I sincerely apollogise for making a wrong assumption.
My question is where is the money? Who has it? Who Owns it?.
It says on that statement that by 2017 they will be payinhg out more than they are taking in and by 2047 the fund will be exhausted.
I will most likely be dead by 2047 so I will not be affected but a lot of people are going to be pissed. I think they should start asking about it now.
But if that sounds idiotic, just ignore me and don't worry about it.