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View Diary: Journalmalism strikes again in Social Security reporting (80 comments)

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  •  I think that investment income which is unearned, (0+ / 0-)

    doesn't put you in the Social Security system at all. So if you spend your life "working" by managing your investments and never earn a wage, you don't pay in to the system and you don't get Social Security when you're older.
    It used to be that if you worked for the federal government you didn't pay in and therefore didn't get Social Security either. (that was when fed gov workers had guaranteed pensions). My dad was in that situation and even though he had a good pension coming to him from the federal government, he believed strongly in social security. So he actually got a part time teaching job at a local college and did that for many years in addition to his regular job so he could pay into Social Security!

    We're not perfect, but they're nuts! -- Barney Frank

    by Tamar on Wed Apr 25, 2012 at 04:04:45 AM PDT

    [ Parent ]

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