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Social Security owes the American Public money. How do I get…

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Social Security owes the...

Social Security owes the American Public money. How do I get what is owed to me?

Accountant's Assistant: The Retirement Accountant will know how to help. The Retirement Accountant will know how to help. Please tell me more so we can help you best.

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Submitted: 2 years ago.Category: Social Security
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Answered in 31 minutes by:
2/25/2016
Social Security Expert: Jonathan Tierney, Certified Public Accountant replied 2 years ago
Jonathan Tierney
Jonathan Tierney, Certified Public Accountant
Category: Social Security
Satisfied Customers: 323
Experience: Tax Accountant at Praxair, Inc.
Verified

Hi, my name is ***** ***** I can help. The courts have long ruled that individuals' do not have any ownership interest in Social Security, so any future payments made out of Social Security are at the discretion of a future Congress, which may lower or reduce benefits as it sees fit. Social Security taken out of wages are "taxes" not "contributions" to a retirement plan.

Are you asking how you would qualify to start receiving benefits?

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