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Social Security unveils new online benefits calculator
Social Security Administration ^ | 7-21-08

Posted on 07/22/2008 12:31:10 PM PDT by rawhide

Fyi. Neat tool. Social Security Administration unveiled its new retirement estimator on its Web site Monday. On it, it takes just a few points and clicks and some personal information to produce benefit estimates within a few minutes.

http://www.ssa.gov/estimator/


TOPICS: Miscellaneous
KEYWORDS: estimator; socialsecurity; ssa

1 posted on 07/22/2008 12:31:11 PM PDT by rawhide
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To: rawhide

Be nice if they had a calculator showing when Socialized Insecurity would be dead and buried with a stake through it.


2 posted on 07/22/2008 12:34:28 PM PDT by Manfred the Wonder Dawg (Test ALL things, hold to that which is True.)
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To: Manfred the Wonder Dawg

lol it’s an easy calculator to program: all it has to do is return ZERO.


3 posted on 07/22/2008 12:36:19 PM PDT by rudy45
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To: rawhide

Wow. They need a lot of personal information to give you your answer back. “Mother’s maiden name”...?

Phishing emails: arriving in 10... 9... 8...


4 posted on 07/22/2008 12:44:48 PM PDT by Nervous Tick (I've left Cynical City... bound for Jaded.)
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To: rudy45

I disagree.
Social Security benefits will be paid in full with highly inflated dollars.


5 posted on 07/22/2008 12:45:05 PM PDT by nascarnation
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To: FReepers
Graphics for the Battle Ahead:

 

Click on images for high-resolution/printable versions.

More to follow. Pass these on. Please let me know if the links go bad. Thank you.

6 posted on 07/22/2008 12:46:09 PM PDT by Boucheau
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To: Nervous Tick
It looks like the SSA is actually getting your own Social Security records and they don't want just anyone getting those.

What I would like to get is a spreadsheet or web page where I can enter in generic pay and tax information and get back benefit payments past, present and estimated future payments. I'm trying to figure out how much someone gets back relative to a person who tops out the cap every year. For example, if someone earns half of the SS cap every year, how much more do they get than half of the top earner's final benefit? How redistributional is the SS tax and benefit system?

7 posted on 07/22/2008 12:50:00 PM PDT by KarlInOhio (Whale oil: the renewable biofuel for the 21st century.)
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To: Nervous Tick
Link to the news article referencing this:

www.ajc.com

8 posted on 07/22/2008 12:52:42 PM PDT by rawhide
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To: KarlInOhio; rawhide

>> It looks like the SSA is actually getting your own Social Security records and they don’t want just anyone getting those.

Understood, and I’m not worried about the *SSA* asking for the information, nor am I worried about what they’ll do with it. They’ll safeguard it properly. Right up until the intern that takes the backup tapes home for safekeeping gets their car broken into. (Just kidding about that last one. I hope.)

I’m just wondering how long before malevolent types start sending out “phishing” emails that look EXACTLY LIKE the SSA’s webpage and attempt to harvest the same information.

I give it a couple days — week at the outside — before those show up in an emailbox near you.


9 posted on 07/22/2008 1:07:11 PM PDT by Nervous Tick (I've left Cynical City... bound for Jaded.)
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To: KarlInOhio

>> I’m trying to figure out how much someone gets back relative to a person who tops out the cap every year.

That’s a great idea.

But I’m not sure they want to make it easy for you to figure that out...


10 posted on 07/22/2008 1:08:16 PM PDT by Nervous Tick (I've left Cynical City... bound for Jaded.)
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To: rawhide

They should have an associated calculator that shows how much you would have earned on your money if you had simply invested it instead of having the government steal it from you.

I’ve done the math and you’d typically end up with a nest egg capable of paying about triple the SSA benefits from profits alone. . . and you’d always have the nest egg to pass on to your heirs.

Social Security is an unconstitutional farce.


11 posted on 07/22/2008 1:45:23 PM PDT by Filo (Darwin was right!)
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To: rawhide

Doesn’t the Social Security Administration send out this information once a year? I remember getting a notice from them every spring that provided me with all my personal info, ie., how long I’ve been in the system, my SS taxes paid for that year, and previous years, how much my monthly SS payment would be at age 62, 65, and if I was disabled.


12 posted on 07/22/2008 2:31:21 PM PDT by mass55th
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To: mass55th

You are right, they do.


13 posted on 07/22/2008 2:39:32 PM PDT by rawhide
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To: rawhide

If Congres passes the Fannie Mae Freddie Mac bailout, there will be no social security..that money will go to crooked bankers.


14 posted on 07/22/2008 7:07:19 PM PDT by rolling_stone (same)
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