Mike Huckabee: ‘illegals, prostitutes, pimps, (and) drug dealers’ feed off

My “contributions” to Social Security are immediately paid out to retirees and other beneficiaries.

In response to his remarks, host Megyn Kelly said “it’s getting a little R-rated” and moderator Chris Wallace put up his hand and said “all right, enough”.

Christie then elaborated on his plan, proposing a gradual increase in the retirement age and cutting benefits for people with higher incomes.

Third, not all workers take part in Social Security. 2 percent lower than the estimate from last year – 2.68 percent of all wages subject to Social Security taxes.

“One of the reasons that Social Security is in so much trouble is that the only funding stream comes from people who get a wage”, Huckabee explained.

Cris Hollingsworth, a Carthage, MS Social Security Maximization and Safe Money Retirement Income Strategies expert is making available to the public an educational workshop, focused on social security maximization.

Shortly after the Christie/Huckabee exchange, Democratic presidential candidate and Vermont Senator Bernie Sanders tweeted: “Social Security can pay every penny owed for the next 18 years”. In the Appleton service area – Outagamie, Winnebago, Calumet and Waupaca counties – 62,125 people get $77 million per month in benefits. These permanent benefit reductions are greater the earlier somebody claims Social Security and the higher the full retirement benefit age is. Our first benefit payment was 17 cents for a streetcar conductor who worked one day under the new program and paid in a nickel.

As for the retirement fund, Sadowsky said that it is now in a “precarious situation” at the moment.

Delivering his answers in simple terms, TD Ameritrade director of Retirement and Annuities Matthew Sadowsky spoke to Fox Business in an FAQ-style blog article, as he addressed several Baby Boomer concerns about the future of Social Security.

Paul said in Spartanburg that demographics were responsible for the programs’ looming insolvency and that the government would have to raise the age for receiving full benefits to 70 and cut payments some for Americans earning more than $100,000 a year. The benefits for government part-time workers are often better than in the private sector, and age discrimination in hiring is less likely to be an issue. Current Acting Commissioner Carolyn Colvin tells Maryland’s News Now that the Social Security program is solvent through 2034.

Creating an online Social Security account lets you view your Social Security Statement, verify the accuracy of your earnings record and get estimates of future monthly benefits. We can also elect to at age 70 and receive 132 percent of our benefits, and the income limitations may fall off.

Former Arkansas governor Mike Huckabee has important thoughts on why social security is so screwed up.

Christian Weller is a fellow and Rebecca Vallas is director of policy for the poverty to prosperity program at the Center for American Progress.