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To: PGR88
You don’t want to contribute - fine, but don’t expect to collect benefits.

My baby daughter doesn't have an SSN yet. I could choose to not get her one, but then I'd lose out on some $3000/year in tax deductions. Since the feds get some $60,000 as a result (20 years of deductions), and get it 20 years early, and get it in pre-inflationary dollars, there really is no choice in the matter. You don't get to choose whether to contribute, just how - and they basically make it more painful to not contribute ("collecting benefits" aside) than to do so.

There really is no choice in the matter. You can choose to not opt-in (and I wish I hadn't), IF your parent's don't opt you in first (which they are hugely pressured to do).

25 posted on 11/20/2008 11:07:36 AM PST by ctdonath2 (I AM JOE THE PLUMBER!)
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To: PGR88; abb
Oh, and regarding my previous post, abb makes a key point:

They don’t ask, they just take.

Yeah. They TAKE money out of my paycheck, and then refuse to give $3000/yr back if I don't sign my daughter up for Social Security.

26 posted on 11/20/2008 11:10:09 AM PST by ctdonath2 (I AM JOE THE PLUMBER!)
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