Social Security 2016: You will be stunned, shocked and very angry

Sandwich Generation: Be Ready For Mom, Dad, And your children to come home to roost.

Pray they fail at destroying Social Security

Dr William Mount

SOCIAL SECURITY CHANGES FOR 2016

IN THE DEAD OF NIGHT THE 2015 BUDGET COMPROMISE WAS SIGNED WHICH AUTHORIZES THE 2016 AND 2017 US BUDGETS

OVER 3,000 PAGES REFERENCING OVER 30,000 EXISTING LAWS

HUGE CHANGES ARE COMING IN SOCIAL SECURITY

SO WHAT ARE THESE CHANGES?

FIRST – DESPITE FOOD PRICES RISING 20% PER YEAR SINCE OBAMA TOOK OFFICE THERE WILL BE NO RAISES IN SOCIAL SECURITY PAYMENTS TO THOSE ON DISABILITY OR OLD AGE RETIREMENT

SECOND – “WOMEN” BORN AFTER 1 JANUARY 1954 WILL NO LONGER BE ABLE TO APPLY FOR SPOUSAL SOCIAL SECURITY

THIRD – MEN MAY STILL APPLY FOR SOCIAL SECURITY SPOUSAL BENEFITS

WHETHER THEY WILL ALLOW YOU TO STAY ON SPOUSAL BENEFITS OR BE KICKED OFF THEM WE DO NOT KNOW.

MANY WOMEN OF THIS ERA DID NOT WORK BUT RAISED CHILDREN – SO THEIR BENEFITS WILL BE ZERO AND THIS MAY EFFECT THEIR ELIGIBILITY TO REMAIN IN A RETIREMENT HOME AS WELL

FOURTH – THE 80 MILLION REFUGEES THAT COLLECT $4,000 MONTH PLUS FREE DENTAL, MEDICAL AND HOUSING WILL RECEIVE A 6% RAISE FOR 2016 AND FOR 2017 BRINGING THEIR TAKE HOME TO $4,240 PER MONTH FOR LIFE.

FIFTH – MEDICARE PART B (ACCIDENT INSURANCE, COSTS ME $12/YEAR) WILL RISE FROM $104.50/MONTH TO ABOUT $200/MONTH FOR SENIORS AND IT IS NOW MANDATORY

SIXTH – IF YOU ARE COLLECTING SOCIAL SECURITY DISABILITY WHEN YOU REACH 65 YEARS OLD THEN WE WERE TOLD THAT YOU WILL REVERT TO YOUR NORMAL SOCIAL SECURITY. IN ADDITION, YOU WILL NOW HAVE TO PAY FOR MEDICARE PART “A” AND PART “B”

FOR EXAMPLE: IF YOU CURRENTLY COLLECT $1,800 PER MONTH DISABILITY, YOUR AVERAGE REDUCTION WILL BE TO $1,200 PER MONTH, MINUS YOUR $200 PER MONTH FOR MEDICARE PART B – LEAVING YOU WITH AROUND $1,000/MO

WHY THE CHANGES?

1 – I HAVE TWO FRIENDS WHO ARE FROM ANOTHER COUNTRY – ONE FROM KOREA, ONE FROM RUSSIA. EACH ADULT NOW COLLECTS ABOUT $4,000 PER MONTH IN SOCIAL SECURITY PLUS HOUSING AND EVERY ONE IN THE HOUSEHOLD RECEIVES FULL MEDICAL (NO COPAY) PLUS FULL DENTAL, PLUS REDUCED UTILITIES.

IF THEY ARE PLACED INTO A NEW HOME (THANKS HABITAT FOR HUMANITY) AND THEY KEEP UP THEIR HOME PAYMENTS FOR 2 YEARS, THE HOME IS GIVEN TO THEM.

2 – WHEN I WAS IN ST. PETERSBURG RUSSIA THEY HAD A JOKE: WE CAN WALK THE STREETS OF ST. PETERSBURG AT 1AM BECAUSE THE CRIMINALS ARE ALL SENT TO AMERCA