Actual headline @ MSN.com - 6 Sneaky Ways to Get More Social Security
Sneaky you may believe - but it is still all legal.
As for myself, none of it will benefit me; I’m lifelong single, no dependents. By the time I reach 70-years old, SS probably won’t even exist any longer.
The only thing 'sneaky' is the title.
-File at age 62, bank/invest all your benefits until age 70.
-Withdraw your retirement claim and repay the benefits you drew between age 62 and 70.
-Then refile for benefits at age 70 & your benefit will be significantly higher. Basically you were receiving a zero-interest loan from SSA for 8 years which you have invested.
Lets not forget that these are the people who paid into the system, many for their entire lives.
It was Washington DC that pissed it all away.
having 23 different social security numbers can also be a big win.
especially when you want to collect unemployment or social security benefits
Well, at 35 I can pretty much guarantee that these loopholes will be eliminated long before I qualify to collect anything. In fact, I heard a story of FOX yesterday where it was predicted that if social security remains unchanged it would take a federal income tax rate of 65% to continue to pay all benefits in 30 years.
My divorced 77-year-old mother-in-law considered marrying a widowed high school schoolmate, but the gov’t made it too expensive, so they’living in sin.
Here’s another one...hire a shyster lawyer and claim some sort of “disability.” The Social Security Administration will reject your initial claim (and probably the second one as well), but if you stick with it, the judge will approve your claim on the third or fourth try. And, in most cases, they backdate the award to the date of your initial filing. So, you’ll start off with “back” benefits of three or four years.
To be fair, there are many who are genuinely handicapped and rely on SSI to survive. But there are plenty of fakers, malingerers and utter frauds who collect benefits for years. I know a guy in Mississippi, early 30s, who draws more than $700 a month for an “anxiety” disorder. He still finds a way to work another job—paid in cash—so he can milk the system for other benefits as well. He’s also fathered three kids by two different women, and they’re wards of the state as well.
To be sure, no one’s getting rich off SSI. But multiply these fraudulent claims by a few million, and you can see how much money is thrown out the window each year.
And BTW, I turned in the Mississippi fraudster a few years ago. After a cursory check by the SSA, he kept his benefits.
The new American career - maximizing government benefits. Kind of like welfare except for everyone.
Free Money For Everybody! (click on graphic)
Matthew Lesko's 'Free Money for Everybody' Shows You “How to Get Government Grants for the Whole Family”
Matthew Lesko Shows You How To Tap Into Over 12,000 Government Programs, Over 30 Million people every year get government grants… And You Can Too!
No Books, No Paper, No Bureaucrats,
Just Fun and Lots of Money and Over $1 Trillion Every Year and Growing
Government Money Is Set Aside For You and Your Whole Family Including:
Entrepreneurs
Home Buyers
Community Activists
Moms & Dads
Investors
Students
Teens
Travelers
Teachers
Seniors
Average Americans with a stack of bills
Who Qualifies? Everyone Who Lives In America..
Rich, Poor, Good Credit, Bad Credit