Comments on: Social Security Statement http://www.penny-saved.com/2007/11/04/social-security-statement/ Personal Finance and Wealth by the Penny Tue, 14 Oct 2008 06:00:14 +0000 http://wordpress.org/?v=2.6.2 By: Emily http://www.penny-saved.com/2007/11/04/social-security-statement/#comment-6978 Emily Fri, 09 Nov 2007 16:52:30 +0000 http://www.penny-saved.com/2007/11/04/social-security-statement/#comment-6978 You fail to mention that as a pastor you had the opportunity to opt out of the social in-security system altogether, something the rest of us don't have as an option. I would jump at the option and yet not one clergy member I have ever known has opted out...is there some explanation for volunteering to participate in a system that most everyone else wants out of?? You fail to mention that as a pastor you had the opportunity to opt out of the social in-security system altogether, something the rest of us don’t have as an option. I would jump at the option and yet not one clergy member I have ever known has opted out…is there some explanation for volunteering to participate in a system that most everyone else wants out of??

]]> By: Penny Saved http://www.penny-saved.com/2007/11/04/social-security-statement/#comment-6739 Penny Saved Mon, 05 Nov 2007 20:57:03 +0000 http://www.penny-saved.com/2007/11/04/social-security-statement/#comment-6739 I hope that Social Security will send me a check every month once I'm ready to retire.. but I don't expect them to. That's precisely why I'm starting to save as much as I reasonably can for retirement on my own. If Social Security hasn't gone bankrupt and does pay me then, well that's so much the better. If I was older and hadn't yet established a solid 401(k) or Roth IRA, I'd likely be freaking out right now. I feel for those who are in that situation. I hope that Social Security will send me a check every month once I’m ready to retire.. but I don’t expect them to. That’s precisely why I’m starting to save as much as I reasonably can for retirement on my own. If Social Security hasn’t gone bankrupt and does pay me then, well that’s so much the better.

If I was older and hadn’t yet established a solid 401(k) or Roth IRA, I’d likely be freaking out right now. I feel for those who are in that situation.

]]> By: DELINOIS JAMES http://www.penny-saved.com/2007/11/04/social-security-statement/#comment-6738 DELINOIS JAMES Mon, 05 Nov 2007 18:34:43 +0000 http://www.penny-saved.com/2007/11/04/social-security-statement/#comment-6738 I NEED A STATEMENT FOR THE YEAR 2005-2206 I NEED A STATEMENT FOR THE YEAR 2005-2206

]]> By: Ken Larson http://www.penny-saved.com/2007/11/04/social-security-statement/#comment-6716 Ken Larson Mon, 05 Nov 2007 02:24:36 +0000 http://www.penny-saved.com/2007/11/04/social-security-statement/#comment-6716 We have a military veteran friend who was honorably discharged during the Vietnam era. He served in the US Navy while having dual citizenship (Canadian/US). He was born in Canada and his family moved to New York when he was a child and became dual Canadian and US Citizens. After discharge my friend worked in the US for over 3 decades, paying US taxes and Social Security. When it came time to retire and apply for his pension he was informed that the US Department of Homeland Security had revoked his US citizenship and did not recognize his Canadian citizenship. The Social Security Administration will not begin his pension payments until his citizenship issue is resolved. He has been trying to work this matter through the VA, his local representatives in government (congressional level) and directly through the Social Security Office. No one seems to know what to do, who should take action and who has responsibility. The DHS will not reply to his inquiries. Any ideas? We have a military veteran friend who was honorably discharged during the Vietnam era. He served in the US Navy while having dual citizenship (Canadian/US). He was born in Canada and his family moved to New York when he was a child and became dual Canadian and US Citizens.

After discharge my friend worked in the US for over 3 decades, paying US taxes and Social Security. When it came time to retire and apply for his pension he was informed that the US Department of Homeland Security had revoked his US citizenship and did not recognize his Canadian citizenship.

The Social Security Administration will not begin his pension payments until his citizenship issue is resolved. He has been trying to work this matter through the VA, his local representatives in government (congressional level) and directly through the Social Security Office. No one seems to know what to do, who should take action and who has responsibility. The DHS will not reply to his inquiries. Any ideas?

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