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"File and Suspend" to collect more on a "trick" and a "loophole."

I wager many who express outrage on spending have done it or were planning on exploiting this.

1 posted on 10/29/2015 6:55:33 PM PDT by SkyPilot
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To: SkyPilot
Notably, the crackdown on these voluntary suspension-related tactics does not actually kill the rules for voluntary suspension itself, which remains on the books. But now, aside from a few esoteric scenarios (including the recent Hold Harmless Medicare claiming strategy), voluntary suspension will be relegated to those unique scenarios where someone truly started benefits early, has had a change of mind and wants to stop them (after a year has passed and it is already too late to withdraw the application) in favor of earning delayed retirement credits.

But it was "The Law!" so we took advantage of it!!! OK, so if Congress say it is no long "THE LAW!!!!" what is your moral argument?


2 posted on 10/29/2015 6:58:42 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: SkyPilot

“Well, first we seize everybody’s 401(k). Then, we take 80% of that money and put it in the Social Security lockbox. Then we spend the money in the lockbox to buy votes from the poor people. The other 20% of the money we spend blaming Conservatives for why the Social Security problem still hasn’t been fixed.”


3 posted on 10/29/2015 7:00:07 PM PDT by ClearCase_guy (Speak TRUZ to power / Tell the TRUZ / No more lies; we want the TRUZ.)
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To: SkyPilot

The GOP cuts Social Security benefits while giving a blank check to crony capitalists AKA the resurrected Ex-Im Bank.

Whoever Congress is working for, it certainly isn’t working for us.


4 posted on 10/29/2015 7:00:13 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: SkyPilot

Undoubtedly. The tragedy of the commons
is that it is so common.


5 posted on 10/29/2015 7:01:03 PM PDT by sparklite2 (All will become clear when it is too late to matter.)
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To: SkyPilot

When it comes to paying out Social Security, I think folks are dreaming if they think the government accidentally provides loopholes.

This was done intentionally to help folks out.

Now they’re reneging.

That’s all this amounts to.

SS recipients got very little COL raise for 2015, and nothing for 2016. Meanwhile food costs have gone up considerably. Utilities know no limits. Cable and telephone services are taxes out the kazoo. So is the gas bill.

Now they want to start toll roads and increase the gas tax again.

Certain states have raised their tax rates.

Meanwhile seniors are expected to scrape by on the premise they aren’t paying out more this year and next on services they purchase.

It may occur to some folks to trash cable rates as if they are not a necessity. Truth is, older folks don’t get out as much. The cable service is their link to the world around them. And some folks wouldn’t be here on the forum without cable access.

It never ceases to amaze me how people on welfare are the truly untouchables, but our seniors or military members are fair game.


6 posted on 10/29/2015 7:05:15 PM PDT by DoughtyOne (It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
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To: SkyPilot

So help me out here..

If I try to retire early and draw SS...but find out it isn’t feasible...suspend benefits and go back to work...I’ll be penalized in some way??


7 posted on 10/29/2015 7:06:08 PM PDT by berdie
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To: SkyPilot

Social security is like any other welfare program. If the politicians want to limit it or eliminate it, they can do so. You don’t have a property right to social security like you would with a 401 (k). Naturally the political class is going to use that power to squeeze the yokels when and whete they can.

Retirees better be nice, or the kleptocrats will start making them dance for their welfare checks.


18 posted on 10/29/2015 7:36:00 PM PDT by RKBA Democrat (Voting is self-abuse - without the pleasure.)
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To: SkyPilot

Barry needs more money for his Islamofascist and freeloading “refugees”. Taking on the rest of the world’s criminals and poverty can get pretty expensive. Especially when one third of the country’s work force is unemployed.


24 posted on 10/29/2015 8:02:36 PM PDT by FlingWingFlyer (Have you ever noticed that we don't have a "Battle Hymm of the Democracy"?)
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To: SkyPilot

While they’re grabbing you by the ankles and turning you upside down to get the fiat change out of your pockets, they’re showering the gibsmedats with perks. Among the gibsmedats, I include the banks and corporations using cheap fed money to buy back stock and make bets on the sovereign debt of Upper Fongoolistan. Is that prick Corzine in jail yet?


27 posted on 10/29/2015 8:15:29 PM PDT by Stentor ("The best lack all conviction, while the worst are full of passionate intensity.")
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To: SkyPilot

A bi-partisan congress welshes on yet another promise.

And then they and their media flacks wonder why Americans are dissatisfied.


36 posted on 10/29/2015 8:43:50 PM PDT by Jack Hammer
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To: SkyPilot

Social Security needs to be totally eliminated. It’s a bureaucratic nightmare.


75 posted on 10/30/2015 11:47:42 AM PDT by Fledermaus (To hell with the Republican Party. I'm done with them. If I want a Lib Dem I'd vote for one.)
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To: SkyPilot
Congress Planning to Close Social Security Loopholes

Yeah. The worst loophole of all are people who want money from Social Security. Gotta close that one first.

86 posted on 10/30/2015 5:19:07 PM PDT by Lazamataz (Ok. We won't call them 'Anchor Babies'. From now on, we shall call them 'Fetal Grappling Hooks'.)
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