|
|
| Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change (1787926) | |
 |
|
| Home > OTChat | |
[ Post a New Response | Return to the Index ]
|
|
Page 1 of 2 |
|
|
| (1787926) | |
Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 11:56:08 2020 Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed changeMARKET WATCH President-elect Joe Biden has plans to expand Social Security — and in some cases, the benefit retirees receive. In the campaign proposal of what he’d do for older Americans as president, Biden said he would improve Social Security, take the program off the path of insolvency, provide a higher benefit for the oldest beneficiaries and eliminate penalties for teachers and public-sector workers who may face eligibility issues. Biden also said he would implement a minimum benefit for Americans who worked for 30 years — at least 125% of the poverty level. “No one who has worked for decades and paid into Social Security should have to spend their retirement in poverty,” his campaign site said. Whether this proposal would be passed, or how soon, is yet to be seen. Biden may have a hard time with passing legislation if the Republicans keep control of the Senate. Still, there’s a chance both Democrats and Republicans will agree on this particular provision, said Dean Baker, senior economist at the Center for Economic and Policy Research. “I would think there’s at least a possibility,” he said. Americans who worked low-paying jobs their whole lives would see the greatest benefits to a provision like this, said Nancy Altman, president of Social Security Works, which advocates for expanding the program. Social Security is in need of fixing, experts say. The trust funds that support the program are expected to be depleted in the next 15 years, in which case beneficiaries would receive approximately 80% of what they’re owed. The pandemic will likely speed up that timeline, said Jagadeesh Gokhale, director of special projects for the Penn Wharton Budget Model, a nonpartisan research-based initiative that analyzes public policy. See: Social Security lets you change your mind The minimum benefit is not a new concept. The idea, known as a “special minimum benefit,” was first enacted in the early 1970s to “provide adequate benefits to long-term low earners,” according to the Social Security Administration. But the current law is outdated, Altman said. The standard Social Security benefit is indexed to wages, whereas the special minimum benefit is indexed to the average price of goods. Because average wages tend to outgrow average prices, each year the number of eligible beneficiaries for the special minimum benefit gets smaller. “In a way, it’s updating the minimum,” she said. Also see: This is what your Social Security check will look like next year — and why Biden’s plan would increase the minimum benefit for eligible beneficiaries. Under the current law, the full Special Minimum Benefit was $886.40 in 2019; under Biden’s proposal, it would have been $1,301, according to the Penn Wharton Budget Model. The cost of this proposal should be minimal, considering the number of people affected by this provision is limited because of the restrictions for who qualifies. “In terms of overall budget, it isn’t that much money,” Baker at the Center for Economic and Policy Research said. MARKET WATCH |
|
|
| (1787928) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by bingbong on Fri Nov 20 11:58:05 2020, in response to Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 11:56:08 2020. Welcome to why trump lost seniors. |
|
|
| (1787929) | |
I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 11:58:31 2020, in response to Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 11:56:08 2020. I DONT KNOW WHY IT POSTED 3 X |
|
|
| (1787930) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 11:59:14 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by bingbong on Fri Nov 20 11:58:05 2020. TRUMP WAS GOING TO CUT SOCIAL SECURITY TOTALLY OFFMOSCOW MITCH TOO |
|
|
| (1787931) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by bingbong on Fri Nov 20 11:59:50 2020, in response to I DONT KNOW WHY IT POSTED 3 X, posted by https://salaamallah.com/ on Fri Nov 20 11:58:31 2020. It happens. Relax. Clean thy cache and move along. |
|
|
| (1787932) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by bingbong on Fri Nov 20 12:00:29 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 11:59:14 2020. Yeah, he was going to abandon it. Welcome to why trump lost seniors. |
|
|
| (1787933) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 12:01:24 2020, in response to Re: I DONT KNOW WHY IT POSTED 3 X, posted by bingbong on Fri Nov 20 11:59:50 2020. YEAH OK |
|
|
| (1787934) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 12:01:43 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by bingbong on Fri Nov 20 12:00:29 2020. IAWTP |
|
|
| (1787936) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by Orange Blossom Special on Fri Nov 20 12:12:12 2020, in response to I DONT KNOW WHY IT POSTED 3 X, posted by https://salaamallah.com/ on Fri Nov 20 11:58:31 2020. I don't know why the New York Times and Democrats claim the election is secure either.--- Headed into one of the most consequential elections in the state’s history, Georgia’s new electronic voting system is vulnerable to cyberattacks that could undermine public confidence, create chaos at the polls or even manipulate the results on Election Day. Computer scientists, voting-rights activists, U.S. intelligence agencies and a federal judge have repeatedly warned of security deficiencies in Georgia’s system and in electronic voting in general. But state officials have dismissed their concerns as merely “opining on potential risks." |
|
|
| (1787937) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 12:16:13 2020, in response to Re: I DONT KNOW WHY IT POSTED 3 X, posted by Orange Blossom Special on Fri Nov 20 12:12:12 2020. ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ |
|
|
| (1787939) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by bingbong on Fri Nov 20 12:31:02 2020, in response to Re: I DONT KNOW WHY IT POSTED 3 X, posted by Orange Blossom Special on Fri Nov 20 12:12:12 2020. “ I don't know why the New York Times and Democrats claim the election is secure either.”Could it be since the government itself said it was? |
|
|
| (1787950) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by Olog-hai on Fri Nov 20 13:03:27 2020, in response to Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 11:56:08 2020. LOL, fake news. Where is the money going to come from? |
|
|
| (1787952) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by BILLBKLYN on Fri Nov 20 13:04:32 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 11:59:14 2020. AND ACB TOO!!!!!!!! |
|
|
| (1787953) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by BILLBKLYN on Fri Nov 20 13:06:38 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by bingbong on Fri Nov 20 11:58:05 2020. That, and their grandkids or nursing home staff "granny farming" the votes to Dementia Joe |
|
|
| (1787955) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by Spider-Pig on Fri Nov 20 13:09:39 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by BILLBKLYN on Fri Nov 20 13:06:38 2020. LOL! |
|
|
| (1787960) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by FYBklyn1959 on Fri Nov 20 13:18:40 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by Spider-Pig on Fri Nov 20 13:09:39 2020. IAWLOL |
|
|
| (1787962) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by BILLBKLYN on Fri Nov 20 13:21:45 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by Spider-Pig on Fri Nov 20 13:09:39 2020. I KNEW you would like it!! |
|
|
| (1787963) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by FYBklyn1959 on Fri Nov 20 13:23:04 2020, in response to I DONT KNOW WHY IT POSTED 3 X, posted by https://salaamallah.com/ on Fri Nov 20 11:58:31 2020. Server is messed up. I almost double-posted this post earlier. After preview, I hit post and got an error. Normally, I would have just hit post again (and double-posted), but I had a feeling, so I backed up to the OP, refreshed, and saw that my post indeed made it. That's probably responsible for 95% of the double posts here, most of which are seconds apart (except of course for Mitch's with his haunted device) 😂 |
|
|
| (1787967) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by Easy on Fri Nov 20 13:31:27 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by Olog-hai on Fri Nov 20 13:03:27 2020. We print our own money. There's no excuse that every American and undocumented hero isn't already a millionaire. |
|
|
| (1787968) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 13:33:51 2020, in response to Re: I DONT KNOW WHY IT POSTED 3 X, posted by FYBklyn1959 on Fri Nov 20 13:23:04 2020. IAWTP |
|
|
| (1787970) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 13:34:17 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by Olog-hai on Fri Nov 20 13:03:27 2020. CUT THE DEFENSE BUDGET |
|
|
| (1787972) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by bingbong on Fri Nov 20 13:37:20 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by Olog-hai on Fri Nov 20 13:03:27 2020. Eliminating the income ceiling for FICA. |
|
|
| (1787976) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by Orange Blossom Special on Fri Nov 20 13:46:55 2020, in response to Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 11:56:08 2020. "may"l-o-l |
|
|
| (1787978) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by bingbong on Fri Nov 20 13:48:19 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by BILLBKLYN on Fri Nov 20 13:06:38 2020. Figures you'd believe that. |
|
|
| (1787982) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by Train Dude on Fri Nov 20 13:52:38 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by bingbong on Fri Nov 20 13:37:20 2020. Nothing you'll ever have to worry about. |
|
|
| (1787987) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 14:16:09 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by Orange Blossom Special on Fri Nov 20 13:46:55 2020. IDWYP |
|
|
| (1787991) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by bingbong on Fri Nov 20 14:33:55 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by Train Dude on Fri Nov 20 13:52:38 2020. When you own a business, you structure your money differently. That’s something a civil servant (who's only hope of coming close to that income point is massive overtime) would never understand. I understand your sad delusion. |
|
|
| (1788005) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by Train Dude on Fri Nov 20 15:59:21 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by bingbong on Fri Nov 20 14:33:55 2020. Really? I was not civil service. ( neither was your dead moron husband after he was fired) I was salaried and did not get overtime. And your structuring of your money explains why you rent. |
|
|
| (1788008) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by ChicagoMotorman on Fri Nov 20 16:25:05 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 12:01:43 2020. Figures |
|
|
| (1788009) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by ChicagoMotorman on Fri Nov 20 16:25:59 2020, in response to Re: I DONT KNOW WHY IT POSTED 3 X, posted by https://salaamallah.com/ on Fri Nov 20 12:16:13 2020. Figures |
|
|
| (1788010) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by ChicagoMotorman on Fri Nov 20 16:26:39 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 13:34:17 2020. Leave |
|
|
| (1788011) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by ChicagoMotorman on Fri Nov 20 16:27:01 2020, in response to Re: I DONT KNOW WHY IT POSTED 3 X, posted by https://salaamallah.com/ on Fri Nov 20 13:33:51 2020. Figures |
|
|
| (1788012) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by ChicagoMotorman on Fri Nov 20 16:27:20 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 14:16:09 2020. Figures |
|
|
| (1788013) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by bingbong on Fri Nov 20 16:51:57 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by Train Dude on Fri Nov 20 15:59:21 2020. He was neither fired from the state (where he was also salaried and did not get overtime...but he was smart enough to handle his workload and thus never needed to so any) nor a moron. You don’t get to have a business for ten years straight in tech if you are. You never did anything like that, you were civil service when you worked, regardless of status. Even middle management falls under civil service. |
|
|
| (1788014) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by Train Dude on Fri Nov 20 16:56:03 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by bingbong on Fri Nov 20 16:51:57 2020. This is why you are so hated. Even when you are wrong you insist that you are right. |
|
|
| (1788015) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by bingbong on Fri Nov 20 16:59:29 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by Train Dude on Fri Nov 20 16:56:03 2020. I,m or wrong. You are coming from a pack of lies. |
|
|
| (1788016) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by bingbong on Fri Nov 20 16:59:53 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by bingbong on Fri Nov 20 16:59:29 2020. that’s I’m not wrong...... |
|
|
| (1788018) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 17:16:33 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by ChicagoMotorman on Fri Nov 20 16:27:20 2020. TRUMP AND MOSCOW MITCH WANT TO CUT OFF MY SOCIAL SECURITY |
|
|
| (1788019) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 17:17:28 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by ChicagoMotorman on Fri Nov 20 16:26:39 2020. WE WERE HERE FIRST PALEFACEYOU LEAVE |
|
|
| (1788020) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 17:17:49 2020, in response to Re: I DONT KNOW WHY IT POSTED 3 X, posted by ChicagoMotorman on Fri Nov 20 16:25:59 2020. ???????????????????????????????????????????? |
|
|
| (1788021) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 17:18:06 2020, in response to Re: I DONT KNOW WHY IT POSTED 3 X, posted by ChicagoMotorman on Fri Nov 20 16:27:01 2020. ??????????????????????????????????? |
|
|
| (1788022) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by https://salaamallah.com/ on Fri Nov 20 17:18:47 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by ChicagoMotorman on Fri Nov 20 16:25:05 2020. SHE WAS RIGHT |
|
|
| (1788029) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by FYBklyn1959 on Fri Nov 20 19:06:30 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 17:16:33 2020. Well for Trump, that ship has sailed (despite what a Pennsyltuckian SubChatter may say). Moscow Mitch is another story. |
|
|
| (1788032) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by Fisk Ave Jim on Fri Nov 20 19:09:24 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by BILLBKLYN on Fri Nov 20 13:06:38 2020. BTW, Dementia Joe had a birthday today. He turned 78. Another case of the candles costing more than the birthday cake! So happy birthday, Joe. I don't know weather to say God bless you or God help you. Did you really want to do this?BTW (part II) Its also Joe Walsh's (James Gang, Eagles) birthday today. AFAIK, he turns 73. Still getting it done w/o showing any signs of forgetting how to play! |
|
|
| (1788034) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by Train Dude on Fri Nov 20 19:22:20 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by bingbong on Fri Nov 20 16:59:53 2020. The acronym "WABB" did not come to be out of thin air. You've earned it many times over |
|
|
| (1788049) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by ChicagoMotorman on Fri Nov 20 20:30:42 2020, in response to Re: I DONT KNOW WHY IT POSTED 3 X, posted by https://salaamallah.com/ on Fri Nov 20 17:17:49 2020. Figures |
|
|
| (1788050) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by ChicagoMotorman on Fri Nov 20 20:31:13 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 17:18:47 2020. Who is she? |
|
|
| (1788051) | |
Re: I DONT KNOW WHY IT POSTED 3 X |
|
|
Posted by ChicagoMotorman on Fri Nov 20 20:31:40 2020, in response to Re: I DONT KNOW WHY IT POSTED 3 X, posted by https://salaamallah.com/ on Fri Nov 20 17:18:06 2020. WHAT ????? |
|
|
| (1788052) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by ChicagoMotorman on Fri Nov 20 20:32:27 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by https://salaamallah.com/ on Fri Nov 20 17:17:28 2020. No, you're a paleface |
|
|
| (1788053) | |
Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change |
|
|
Posted by mtk52983 on Fri Nov 20 20:32:34 2020, in response to Re: Americans may get hundreds of dollars more in Social Security benefits under Biden’s proposed change, posted by ChicagoMotorman on Fri Nov 20 20:31:13 2020. Bingbong is a “she” |
|
|
|
|
Page 1 of 2 |
|