Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!watmath!clyde!caip!rutgers!husc6!panda!genrad!decvax!raster!ross From: ross@raster.UUCP Newsgroups: net.taxes,net.legal Subject: Social Security (how to get out) Message-ID: <126@raster.UUCP> Date: Thu, 2-Oct-86 20:34:51 EDT Article-I.D.: raster.126 Posted: Thu Oct 2 20:34:51 1986 Date-Received: Sat, 4-Oct-86 11:58:03 EDT Reply-To: !decvax!raster!ross Distribution: net.taxes,net.legal Organization: Raster Technologies, Westford, MA Lines: 28 Keywords: Social Security, rip off Xref: watmath net.taxes:1347 net.legal:5262 Like many other people, I believe that by the time I am old enough to collect it, Social Security will be long gone. Meanwhile, SS takes a larger percentage of my income every year, with the maximum amount ever increasing. IS THERE ANY WAY OUT??? I would much rather put the thousands of dollars I lose to SS each year into a 401k plan, IRA, or other investment rather than see it disappear with no real promise of any return. The SS system is bankrupt and has been mis-managed and mis-represented to the public since its creation, and I want out. I know that federal government employees, many city and county workers, and even the Amish people of PA are not part of SS - no payments in, no payments out. Basically, I would like to *stop* all SS tax deductions from my paycheck and have the bucks available for whatever I want to do with them: invest, buy stereo gear, whatever, instead of letting the federal government drain it away. I would very much appreciate any advice, suggestions for references, precedents, etc. that anyone on the net can provide. Send E-mail or reply on the net. Thanks in advance. !decvax!raster!ross