Can The Government Do This?
They take taxes out of our check so we can draw when we retire but I've heard it may not be there when we do retireļ¼ so how can they do this if they are taking our money and we don't reap any of the benefits?
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Because you are paying for the people that are now retired. That is life in America unfortunately, be thankful they didn't privatize Social Security then you would have nothing just like now to look forward to in the future!
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Yes. Obviously. They are doing it to every one in america. For your own good look for another plan. Do not leave yourself to live off SSI. They send out reports claiming what our benefits will be as we pay in every quarter, but that just may not be so. Make absolutely certain you attempt to put away your own money, to keep earning money. Right now it is shaky no doubt but large sums of money draw interest at large rates as well. Spread them out in different institutions to keep your FDIC and off you go
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