Federal Benefit Payment

       SOCIAL  SECURITY NOW CALLED 'FEDERAL BENEFIT  PAYMENT'/ENTITLEMENT!

Have you  noticed, your Social Security check is now referred to  as a  
"Federal Benefit  Payment"?

I'll be  part of the one percent to forward  this.

I am  forwarding it because it touches a nerve in me, and I  hope It will in  you.

Please  keep passing it on until everyone in our country has  read it.

The  government is now referring to our Social Security  checks as a “Federal Benefit Payment.” This isn’t a  benefit – its earned  income!
Not only  did we all contribute to Social Security but our  employers did  too.

It totaled  15% of our income before  taxes.
If you  averaged $30K per year over your working life, that's  close to $180,000 invested in Social  Security.

If you  calculate the future value of your monthly investment  in social security($375/month, including both your and  your employer’s contributions) at a meager 1% interest  rate compounded monthly, after 40 years of working  you'd have more than $1.3+ million dollars saved! This  is your personal  investment.

Upon  retirement, if you took out only 3% per year, you'd  receive $39,318 per year, or $3,277 per  month.

That’s  almost three times more than today’s average Social  Security benefit of $1,230 per month, according to the  Social Security Administration (Google it - it’s a  fact).

And your  retirement fund would last more than 33 years (until  you're 98 if you retire at age 65)! I can only imagine  how much better most average-income people could live  in retirement if our government had just invested our  money in low-risk interest-earning  accounts.

Instead,  the people in Washington pulled off a bigger Ponzi  scheme than Bernie Madoff ever did. They took our  money and used it elsewhere. They “forgot” that it was  OUR money they were taking. They didn’t have a  referendum to ask us if we wanted to lend the money to  them.

And they  didn’t pay interest on the debt they assumed. And  recently, they’ve told us that the money won’t support  us for very much longer. But is it our fault they  misused our  investments?

And now,  to add insult to injury, they’re calling it a  “benefit,” as if we never worked to earn every penny  of it. Just because they “borrowed” the money, doesn't  mean that our investments were a  charity!
 Let’s take  a stand.

We have  earned our right to Social Security and  Medicare.
Demand  that our legislators bring some sense into our  government –

Find a way  to keep Social Security and Medicare going, for the  sake of that 92% of our population who need it. And  the legislators need to figure out a way to put back  the money they "borrowed" plus interest (consider  taking it from their pensions and/or not giving money  to countries that hate us) and then we would not be in  danger of losing our Social Security, now would  we?
  
Then call  it what it is: Our Earned Retirement  Income.