Social Security Lockbox

[Riot]

Originally Posted by Danzig

medicare is ss. it's all funded by your social security payments. payments to ss need to increase, the number of credits required to be 'fully vested' need to increase. the program needs an overhaul.

Social security monies and Medicare monies are kept separately, though, each is an independent percentage of FICA.

Again, the only change I would make is raising the cap to $250,000. No need to raise the age if that is done. No "overhaul" needed, just a tweak. People in America work longer than other countries to get to retirement already.

It's really physically hard for alot of 67 year old people to work, even if they do have an office job. If they are laid off after 55, good luck ever finding a job again. Why make elder poverty worse? Let's make it better, let's make less of it.

Again, I see no need to change the qualification credits. Although everyone is "fully vested" after 10 years of nonstop work, they are not all paid the same at retirement, because that depends upon your individual income.