Quotes About Social security

Social Security makes up a much larger share of total retirement income for unmarried women and minorities than it does for married couples, unmarried men and whites.

call Social Security (1-800-772-1213 [TTY 1-800-325-0778]), or visit a local Social Security office, and tell them you want to suspend benefits. The agency is supposed to provide you a notice that says: We have received your request to stop your benefits to earn special credits that will increase the benefits you will receive at age 70. We will reinstate your benefits at age 70, adding the special credits to your benefit amount.

TO: Social Security Administration FROM: John Doe (Social Security #123-45-6789; Birthdate xx-xx-xxxx) RE: Request to file and suspend retirement benefit I am writing to "file and suspend" my benefits effective as of Month Day, Year, when I will be AB years and CD months old. Please confirm your receipt and approval of this request via email or letter. Sincerely, John Doe

If you are receiving Medicare and were receiving Social Security benefits when you suspended them, your Medicare payments can no longer be paid automatically and deducted from your Social Security payments. You will need to pay your Medicare premiums out of your own pocket. Don't forget this, as failure to do so can mess up your benefit suspension.

Reminder: your spouse has to have filed for her or his own retirement benefit for you to take a spousal benefit.

If you decide to defer your benefits, the odds are you will need to file for Medicare before you file for Social Security. Medicare, of course, often seems as complicated as Social Security. That's a book for another day. For now, just make sure that you file for Medicare alone and do not accidentally file for your Social Security benefit, too. Take your time. Make sure you understand ahead of time anything you sign or are asked to sign.

And all you have to do is stay alive and those Social Security payments will keep coming each and every month—payments guaranteed by the United States government and protected against inflation. That's because every January, you get, by law, annual benefit raises that equal the prior year's rate of inflation.1

Federal taxes may be due on up to half of your Social Security benefits if what's called your "combined income" is more than $25,000 a year ($32,000 for joint filers). If you make between $25,000 and $34,000 ($32,000 and $44,000 for joint returns), you may owe federal taxes on up to 85 percent of your benefits.

Let's start with working longer. Many of us are healthier and have less physically demanding jobs than our parents and grandparents. And we are living much longer. So stretching out our work lives is a sensible option. And the payoff is eye-popping! Individuals who delay receiving Social Security benefits from 62 to 70 increase their monthly benefits by a full 76 percent. Government

If it were the Clinton people, they'd be sitting around figuring out how to pull themselves out. Instead the president is continuing to go around the country and peddling Social Security, which the needle is not moving on.

What's lost in this whole debate, unfortunately, is that Social Security is not a giveaway where we take money to give to other people. It's a contract with the government... that's worked for 75 years. It's the most successful government program that we've ever had.

I believe that social security should be a universal retirement guarantee and not means tested.

People like Bernie Sanders and Alexandria Ocasio-Cortez have been very busy educating America about just how much socialism we have, from Social Security to Medicare to public schools to public universities, and how much we love that. The truth is that there is no pure socialist or capitalist economy on earth.

And whether it is equal pay, health care, Social Security, or family leave, this Congress has refused to address issues critical to hard-working American women.

The women who pass away before they receive Social Security, for them this is nothing but a tax from which they or their family will never receive a benefit.

I will not cut benefits. I want to enhance benefits for low-income workers and for women who have been disadvantaged by the current Social Security system.

For these reasons, women tend to rely more heavily on Social Security in their retirement than do men.

I have a statement on the Social Security. A lot of people approaching that age have either already retired on pensions or have made irreversible plans to retire very soon... I consider it a breach of faith to renege on that promise. It is a rotten thing to do.

The true enemies of Social Security and Medicare are those who defend an imploding status quo.

I think the government, if you measure it in terms of the dollars out the door, about 83 percent of the government stays open in a government shutdown. Social Security checks go out; military still exists. The FBI still chases bad guys. I think the consequences have been blown out of proportion.

Deleting welfare didn't eliminate poverty itself. We might as well have expected to conquer aging by overturning Social Security.

When Social Security began making monthly distributions in 1940, there were 160 workers for every senior receiving benefits. In 1950, there were 16.5; today, 3; in 20 years, there will be but 2. Now, the average senior receives in Social Security about a third of what the average worker makes. Applying that ratio retroactively, this means that in 1940, the average worker had to pay only 0.2% of his salary to sustain the older folks of his time; in 1950, 2%; today, 11%; in 20 years, 17%.

By comparison, George W. Bush was light and breezy and apparently forgot during one debate that Social Security was a federal program. In fact, his depth, and his unfamiliarity with the complexities of the issues, to say nothing of the simple declarative sentence, worked remarkably to his advantage.

The welfare state is the bankruptcy law for workers