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  • John Sam Rayburn

    Active Member
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    Mar 31, 2023
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    Lufkin, Texas
    More of this please.

    target.jpg
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    Me

    Active Member
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    0   0   0
    Oct 21, 2021
    363
    76
    Austin
    I'm pretty sure that's totally different from the meme I commented on.
    He's conflating SSDI and SSI with Social Security retirement. SSI caps out at $914/month for a single person ($1371 for a married couple) or a little under $11k/year. SSDI (which is based upon work credits, still gets abused but can't be a life long leach to get into it) caps out at $3636/month or about $43.6k/year (closer to what he was stating but still under $50k). Even in the case of the latter though the average benefit is $1688/month, far cry from the max. Technically you can qualify for both SSI and SSDI and then reach that $50k number but that would be rare and isn't just anyone who took a trip through spin dry. Social Security retirement is based upon credits earned over your lifetime work experience and age at which you begin to draw benefits and caps out at $4555/month (average for SSR as of April 2023 was $1835/month). All three are doomed to failure as they are ponzi schemes on borrowed time that no politician is willing to address.
     
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