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Author Topic: Nephew got his 1st paycheck, disappointed so I educated him on social security  (Read 1122 times)

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Offline theking

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..withheld, taxes and how it's calculated. He's disappointed because the net pay is so much smaller than he expected. Keep in mind, he's only 15 and has a good head on his shoulders. He's trying to earn and save up to buy a car on his own  O0.

My nephew: "Why are they taking social security out when I'm not even close to retirement yet?"

Me: "The social security withheld on your check stub is not for your retirement but rather it's for the current crop of retirees."



« Last Edit: July 28, 2020, 10:02:19 AM by theking »

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Offline theking

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His facial expression was kind of like this  ;D:




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Offline theking

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Good news is, he's still focus on his goal, buying a car on his own without his parents' help..which I'm so proud of him for because that's how it is in our family.. O0:




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Offline theking

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Our Family Value: No cheating, stealing, and lies, gotta earn it honestly and the right way even if it takes longer, no illegal/wrong shortcuts.. 8)



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Offline hmgROCK

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Our Family Value: No cheating, stealing, and lies, gotta earn it honestly and the right way even if it takes longer, no illegal/wrong shortcuts.. 8)

oh boy!!
sound like someone don't know about SS
it is a really big UNFAIR SCAM
probably the biggest SCAM cheating system in the US

SS has salary cap of $137,700 single filer
meaning you only get tax up to $137,700 if you are single
that is $8,537.4 per year
so if you make $5 million... you only get tax $8,537.4 in SS!!!!!

unfair broken system for da rich






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God did not created man...man created god

Offline theking

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"oh boy!!
sound like someone don't know" anything (per other PH members) and missed the point as it "went over his head" (also per other PH members) due to his "reading" issues (also per other PH members)..

And of course, continue to cry "UNFAIR"...even though he only has himself to blame.. ;D



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Offline hmgROCK

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"oh boy!!
sound like someone don't know" anything (per other PH members) and missed the point as it "went over his head" (also per other PH members) due to his "reading" issues (also per other PH members)..

And of course, continue to cry "UNFAIR"...even though he only has himself to blame.. ;D

nobody here but you
too funny man
no need to start BEEF at everything

just trying to help
alot of our tax law favor the rich
google if you don't believe

#UNFAIR



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God did not created man...man created god

Offline theking

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nobody here but you
too funny man
no need to start BEEF at everything

just trying to help
alot of our tax law favor the rich
google if you don't believe

#UNFAIR

NOPE, WRONG (again), and I can prove it like how I proved you WRONG that time when you issued the "nobody here but you" challenge..

You LYING and NOT able to do the right thing by completing the 12 steps is why *neutral* PH members are calling you out left and right and don't back you up and thus, you feel like "PH is ganging up on" you...but you only have yourself to blame for your own behaviors..

And we're NOT talking about "favor"...which why you missed the point and it "went over your head" (per the other PH members)..



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