Thread: Social Security
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Old 04-28-2024, 10:20am   #21
Bruze
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Quote:
Originally Posted by Wathen1955 View Post
Wonder if there are millionaires to collect SS? SS would be fine if the politicians kept their hands out of the cookie jar, and quit giving it to people that have never made a contribution to it.
Why would "millionaires" not be contributing to or collecting SS? With rare exceptions, neither is a choice. Who is getting SS that have never paid into it?

My best buddy is married to a daughter of a guy who was one of the founders of a global business that everybody would know the name of. He died around 2010(?) and was a billionaire.

Before that, my buddy told me his FIL was getting SS and of course didn't need or want it. He attempted to get the SSA to stop sending it to him but there was no mechanism in place for doing that.

So he had to take it. But he gave away $20 million (at least) a few years before he died, so it all evened out in the end. I'm sure there was much more given away that I'm not aware of.
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