09-22-2011, 12:49 AM
The world has changed a lot over the last 30 years. More businesses offered retirement plans. Things cost less. Not just less in actual money, but in comparison to average income. People had more money to throw around. Now people are afraid they won't be able to eat when they retire.
Because they send out Social Secuity statements every year, people tend to think they have an "account" with their name on it full of money they contributed. We are just starting to figure out that this just isn't the case. And there is no way to get a refund on the money you contributed so far.
I would like a full refund right now so I can invest it myself. Who do I need to call about that? I have been working full-time for 30 years. I have to work another 25 before I can get Social Security. That is 55 years' worth of investing. Since nobody asked me if I wanted to pay it, surely there is no shame in wanting to collect it. Am I a douche for making non-voluntary contributions? No more than any other working stiff. Did I count on just that money being there? No, I have a retirement, but I should still get that money back or at least not have to put any more in...
Because they send out Social Secuity statements every year, people tend to think they have an "account" with their name on it full of money they contributed. We are just starting to figure out that this just isn't the case. And there is no way to get a refund on the money you contributed so far.
I would like a full refund right now so I can invest it myself. Who do I need to call about that? I have been working full-time for 30 years. I have to work another 25 before I can get Social Security. That is 55 years' worth of investing. Since nobody asked me if I wanted to pay it, surely there is no shame in wanting to collect it. Am I a douche for making non-voluntary contributions? No more than any other working stiff. Did I count on just that money being there? No, I have a retirement, but I should still get that money back or at least not have to put any more in...