Social Security

Discussion in 'Starting a Lawn Care Business' started by agrostis, Aug 5, 2012.

  1. agrostis

    agrostis LawnSite Silver Member
    Posts: 2,297

  2. bohiaa

    bohiaa LawnSite Fanatic
    Posts: 5,220

    this is TRUE:

    However: by doing my own investing, I get 20 to 27% on my money.

    I wish the government would leave my 401 alone. and the roth....OMG. come on, PLEAES let me invest MORE
  3. TX Easymoney

    TX Easymoney LawnSite Platinum Member
    Posts: 4,082

    I'd rather NOT have to pay into the SS system, I am confident that if I took that money I could make way more money on my own-

    but I do and will as I don't need the likes of the IRS hunting me down-
  4. larryinalabama

    larryinalabama LawnSite Fanatic
    Posts: 17,029

    Well if you dont pay your ss tax you might wind up in jail.

    I will say Social Security is nothing more than sa big SCAM and at 47 it I could opt out I would even though Ive paid in for 35 years
  5. bohiaa

    bohiaa LawnSite Fanatic
    Posts: 5,220

    SS is for the elderly. and the scammers. your paying for the elderly RIGHT NOW. and hopefuly when we get elder. the younger people will pay US....

    BUT,,,,, it's NOT a law that you have to pay SS......

    BUT you do have to invest in something simular for your retirement.
    I kno many dont belive this.
    Very few Teachers pay into SS. most of them only pay into teachers retirement. it's an inverstment program set up ONLY for trachers.
    and YES you can do this too. NOT as a TEACHER. but for your self. and NOT pay into the SS system.

    this is what I do. BUT you really have to know what yor doing.
    my advice is, if you want to NOT pay into it. then hire an DAMMED GOOD Planner.

    it will pay off in the end.

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