Shopping Cart
Your Cart is Empty
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping Cart

Becker & Associates



What's Happening to SOCIAL SECURITY?

Posted on August 10, 2015 at 3:35 PM



We all know by now that $720 BILLION was borrowed from our Social Security fund by the current administration to pay for it's new Government run HealthCare. We got exactly what a citizenry who was not paying attention or holding their congress accountable for things like actually READING the bill before even considering imposing it on Americans can expect to get.

Throughout its 75 year history, Social Security has provided critical economic security to millions of retirees, families, children and the disabled. Social Security is paid for by the dedicated contributions of workers and their employers, has administrative costs of less than one percent, and since it cannot borrow to fund its operations, Social Security does not contribute to the deficit. No wonder that Americans from all walks of life consistently and overwhelmingly support our nation's most successful social insurance program -- a level of support that is not achieved by other governmental programs.Social Security is self-financed, cannot borrow, spends less than one percent on its administrative costs.

The government borrows these Social Security funds to pay for other government spending -- but is obligated to pay interest on these borrowings -- and pay back the borrowed funds in full when they are needed by Social Security for benefit payments. WHY aren't they paying it back?

A look at the federal budget over the same time frame reveals a starkly different picture -- many years of deficits, with only a few years of surplus -- a surplus that disappeared during the G.W. Bush Administration. In 1993, a Democratic Congress and President Clinton, without a single Republican vote in either the House or Senate, enacted a budget plan that put it on a path to elimination of the deficits --and brought the budget into balance, and then later into surplus.

The taxpayers of America bailed out the banks -- wouldn't it be fair now to ask the banks to pay back what they have cost Social Security? A tax on financial transactions and a tax on Wall Street bonuses, with revenues dedicated to Social Security, would pay back to Social Security and its contributors what has been taken from them.

Pay Back Social Security! -- The Government Has Borrowed More from Social Security (easy pickens) than any Other Entity or Foreign Government.

Another argument made by Social Security opponents to raise fear about the national debt is how much our government has borrowed from China. They never mention how much our government has borrowed from Social Security. In fact, the government has borrowed more from the Social Security surplus than it has from any other source in the world, including China. As a result, Social Security now "owns" nearly 18 percent of the federal debt, making it the largest single holder of US debt. The government owes almost twice as much to Social Security as it does to China and Hong Kong. ...and most Americans have no idea about this debt it seems, and are doing nothing to demand that the Feds pay US back!

We elect people who take our Social Security fund to fund a Government run Health Plan and just sit and watch the carnage done to what we've worked and contributed to for our whole lives. This "taking", "stealing", "Borrowing" or whatever we call it...the pillaging of a fund that working folks paid for, taken in order to pay for programs that the government will pay for is nothing more than a move to control the largest segments of the American economy.

How many Americans over 50 do you think are ready for life with no Social Security? The answer is not many! Only about 10% have saved enough to live life without a dime from social security.

Get a "Two-for"- Life Insurance with Long Term Care

Posted on July 17, 2015 at 4:25 PM Delete

delete Overlays edit Comments comments (0)

Using your Life Insurance for Long Term Care Expense:

Life Insurance policies are ever changing to meet the needs of our ever changing society. All the buzz is now on Long Term Care coverage, but if you've ever gotten a quote you know it is not cheap! Also, what if you never need it? Once you've paid the premium to the carrier for a Long term Care policy, it's GONE and you have nothing to show for it. Though there are benefits to having a comprehensive LTC (Long Term Care) can spell out the benefits in a more precise way, add on riders for COLA (Cost of Living Adjustments), etc, but the fact remains that it's expensive and if you never use it, it's money down the drain.

Do not mistake my message to mean LTC is not important! It is VERY fact more important than ever, there are just more creative ways of getting it these days.

Using a Life Insurance policy with a guaranteed Death benefit and adding a 4% LTC rider is a very interesting solution. Let's use this example: You are healthy enough to purchase a $500,000. face amount and you become ill enough or have an accident and meet the requirement to be able to tap into your policy for its LTC benefits (the requirement for ALL LTC policies is just about the same, whether a policy or a rider) is being unable to do at least 2 of the ADLs - Activities of Daily Living). Using a $500,000. Death Benefit policy with the LTC rider of 4% per month = $20,000. per month available to you.

Per the IRS, at this time the maximum amount you may receive from your policy on a tax free basis is $330 per day or $9.900. per month. This is because the LTC benefit is essentially considered getting your Death benefit early. Depending on your needs, whether it be paying for a facility, paying for homecare, paying a relative to take care of you, you may decide to take only the tax free portion from your policy, but the full 4% is still available.

Then let's say you get better and return to life as normal in 6 months, you have taken or "used" (at $9,900. mo.) $59,400.00 of your Death Benefit thus reducing your policy's Death benefit to $440,600. This amount will be passed on to your heirs tax free OR be available for another round of LTC usage.

If you are 70 1/2 years old and are receiving "RMD"s (Required Minimum Distributions) from retirement funds that you don't really need, you can turn taxable income into tax free money using this strategy!

In summary, you've used tax free death benefits to pay for your Long Term Care needs and the money you've invested in your Life insurance is still there!

Example - A $500,000. Policy would cover the IRS maximum monthly LTC payment of $9,900. for 4.2 YEARS!

Some Statistics for the USA: For someone with a 90-day Elimination Period, the lifetime chance of someone buying coverage at age 60 and using policy benefits was 35%. So, 35% will use their coverage and 65% will not. As you might assume, the decline is because during those first 90 days, some people will recover and some will die.

Here is some meaningful information on nursing home lengths of stays as published in the Association's 2008 LTCi Sourcebook. Remember, that most long-term care is actually received at home but there are still fewer statistics about home care utilization for "long-term care" needs. When we get relevant ones we will publish them for consumers to read. Notice that the length of time that anyone stays in a Nursing Home is well under five years! We must consider the time that most people need in home care too, please see "Long Term Care Info & Statistics" blog for more info.

Average Length of Stays (Nursing Homes)

5 years or more - 12.0%

3 to 5 years - 12.0%

1 to 3 years - 30.3%

6 to 12 months - 14.2%

3 to 6 months - 10.0%

Less than 3 months - 20.0%

Average Length of Stay in Years

Female - 2.6 years

Male - 2.3 years

Married - 1.6 years

Single / Never Married - 3.8 years

Widowed - 2.3 years

Divorced / Separated - 2.7 years


Health care Reform - How Politics affect you (4)

2016- Small Employer Groups of 2 to 100 Employees (2)

2016-Employers with 100 or more Employees (2)

Life,Death and Illness & Injuries Happen, Be Ready! (7)

Disability Income Products (1)

Life Insurance for YOUR Retirement! (3)

Over 50 or 70 1/2 and taking Retirment distributions? (2)

Life Insurance-Term Care included! Any Age (3)

Long Term Care, Expensive- there's a more affordable Way (3)

Toll free 866.277.5147

Categories: Life Insurance for YOUR Retirement! , Life,Death and Illness & Injuries Happen, Be Ready!

Post a Comment


Oops, you forgot something.


The words you entered did not match the given text. Please try again.


Reply off white
6:39 PM on November 28, 2020 
I intended to post you one bit of remark to give many thanks again for these pleasing techniques you have featured above. It has been quite generous of people like you to allow unreservedly precisely what a few people could have made available for an electronic book in making some cash for themselves, certainly since you could possibly have done it if you ever wanted. These tricks additionally acted to become fantastic way to comprehend some people have similar desire similar to my very own to figure out more and more on the subject of this issue. I believe there are millions of more enjoyable moments in the future for individuals who looked over your blog.
off white
Reply supreme hoodie
6:39 PM on November 28, 2020 
I in addition to my guys have been examining the good information and facts on the website and then at once I had a terrible suspicion I never expressed respect to the blog owner for those secrets. Most of the young boys became certainly stimulated to see all of them and have in effect in actuality been making the most of those things. Thanks for really being quite kind and for deciding on some useful tips most people are really wanting to be aware of. Our own honest regret for not expressing gratitude to earlier.
supreme hoodie
Reply canada goose jacket
6:39 PM on November 28, 2020 
I not to mention my pals have already been reading through the nice helpful tips found on your web page while then got an awful feeling I never expressed respect to the web blog owner for those techniques. The men were definitely for this reason thrilled to read through them and have very much been enjoying these things. Many thanks for indeed being indeed thoughtful and then for settling on such amazing useful guides millions of individuals are really wanting to be aware of. My personal sincere apologies for not expressing appreciation to you earlier.
canada goose jacket
Reply pandora bracelet
6:38 PM on November 28, 2020 
Thanks a lot for providing individuals with an extremely terrific opportunity to check tips from this site. It is usually so superb and as well , packed with a lot of fun for me personally and my office co-workers to visit your website at the least thrice in 7 days to see the newest things you have got. And lastly, we're always motivated for the special creative concepts you give. Selected 4 ideas in this article are rather the most effective I've ever had.
pandora bracelet
Reply supreme shirt
6:38 PM on November 28, 2020 
A lot of thanks for each of your work on this site. My aunt takes pleasure in getting into research and it's easy to see why. A number of us know all about the lively means you make useful techniques through the web blog and even recommend response from visitors on the matter while our simple princess is learning a lot of things. Enjoy the remaining portion of the year. You're carrying out a remarkable job.
supreme shirt
Reply nike off whtie
6:38 PM on November 28, 2020 
I have to express my thanks to you for bailing me out of such a crisis. Right after surfing around throughout the online world and coming across advice which were not powerful, I believed my life was well over. Existing without the presence of strategies to the issues you've solved by way of your article is a critical case, and ones which may have in a negative way affected my career if I had not discovered your website. That skills and kindness in handling every item was invaluable. I don't know what I would've done if I had not come upon such a step like this. It's possible to at this time look ahead to my future. Thanks for your time so much for this reliable and result oriented help. I will not be reluctant to refer your web blog to any individual who should get care about this issue.
nike off whtie
Reply supreme hoodie
6:37 PM on November 28, 2020 
I want to express my passion for your kindness giving support to men and women that really want assistance with this area of interest. Your personal commitment to getting the message all through had become exceedingly useful and have continuously made girls like me to realize their targets. Your useful recommendations signifies a lot a person like me and especially to my peers. Thanks a ton; from each one of us.
supreme hoodie
Reply KiaPew
6:36 PM on November 28, 2020 
Reply golden goose sneakers
6:29 PM on November 28, 2020 
Thanks for your whole effort on this web site. My mother enjoys making time for research and it's really easy to understand why. A number of us notice all relating to the lively method you produce both interesting and useful tips and hints via the web site and as well foster response from other individuals on the subject matter then our favorite princess has been discovering a great deal. Have fun with the rest of the year. You're the one carrying out a useful job.
golden goose sneakers
Reply kd 12
6:29 PM on November 28, 2020 
I am glad for writing to make you understand what a incredible encounter my daughter encountered reading your site. She came to find a good number of pieces, with the inclusion of what it's like to possess an amazing teaching character to have others completely fully grasp selected specialized subject areas. You really exceeded our own expected results. I appreciate you for churning out these practical, trustworthy, educational and even unique tips about your topic to Evelyn.
kd 12
Reply moncler outlet
6:29 PM on November 28, 2020 
I want to express some thanks to you just for bailing me out of this particular setting. Right after checking through the world-wide-web and coming across things which were not powerful, I figured my entire life was over. Existing minus the approaches to the issues you have resolved all through your site is a critical case, and those which may have negatively damaged my career if I hadn't discovered your blog post. That understanding and kindness in dealing with the whole lot was excellent. I don't know what I would have done if I hadn't come upon such a thing like this. I am able to at this moment look forward to my future. Thank you very much for this reliable and result oriented guide. I will not think twice to refer your web site to any person who should have guidance about this topic.
moncler outlet
Reply supreme hoodie
6:29 PM on November 28, 2020 
My wife and i were more than happy that Ervin could deal with his homework from the precious recommendations he acquired through your site. It is now and again perplexing just to possibly be freely giving tricks that many people could have been selling. Therefore we take into account we've got the blog owner to thank for that. The type of explanations you've made, the easy web site navigation, the friendships your site give support to create - it is most incredible, and it is assisting our son and us reason why this topic is exciting, which is certainly very vital. Thanks for all the pieces!
supreme hoodie
Reply pandora bracelet
6:22 PM on November 28, 2020 
I wanted to post a comment to be able to thank you for the precious suggestions you are sharing on this site. My extensive internet look up has finally been honored with reliable information to write about with my co-workers. I would mention that many of us readers are truly blessed to exist in a remarkable website with so many lovely people with insightful techniques. I feel really privileged to have come across your entire webpage and look forward to so many more thrilling times reading here. Thanks a lot once again for everything.
pandora bracelet
Reply golden goose sneakers
6:22 PM on November 28, 2020 
I must express some thanks to the writer for bailing me out of this issue. After surfing around throughout the internet and meeting notions that were not productive, I believed my entire life was well over. Being alive minus the answers to the difficulties you have solved all through your main website is a serious case, and those which might have in a negative way damaged my entire career if I had not noticed your web blog. Your own know-how and kindness in dealing with a lot of things was very useful. I'm not sure what I would've done if I had not discovered such a subject like this. I can also at this point look forward to my future. Thanks a lot so much for the specialized and amazing guide. I will not hesitate to endorse your blog to any person who would need guide on this situation.
golden goose sneakers
Reply kevin durant shoes
6:22 PM on November 28, 2020 
I am also commenting to make you be aware of what a excellent experience my friend's girl experienced viewing your web site. She realized so many things, with the inclusion of how it is like to possess a very effective giving style to let many people without difficulty fully understand various extremely tough issues. You really surpassed our expectations. Thank you for producing the powerful, healthy, informative not to mention cool tips on your topic to Mary.
kevin durant shoes
Reply calvin klein
6:22 PM on November 28, 2020 
I am just commenting to let you understand of the nice experience my cousin's daughter developed going through yuor web blog. She mastered many details, not to mention how it is like to have a great coaching heart to let a number of people really easily completely grasp a variety of complex topics. You really surpassed our own expected results. I appreciate you for distributing these warm and helpful, safe, educational and easy thoughts on this topic to Lizeth.
calvin klein
Reply birkin bag
6:22 PM on November 28, 2020 
I enjoy you because of your entire labor on this website. Debby really loves going through research and it's really easy to understand why. Most people notice all relating to the compelling means you make efficient tips on the blog and therefore improve contribution from other ones on that situation so my princess is actually starting to learn a lot. Take pleasure in the rest of the year. You are always doing a powerful job.
birkin bag
Reply yeezy
6:21 PM on November 28, 2020 
I truly wanted to write down a small comment to appreciate you for some of the precious advice you are placing on this website. My time-consuming internet lookup has now been honored with good facts to exchange with my colleagues. I 'd admit that many of us visitors are unquestionably fortunate to be in a superb website with many perfect professionals with very helpful hints. I feel really lucky to have seen your entire weblog and look forward to really more entertaining times reading here. Thank you again for everything.
Reply jordan 11
6:13 PM on November 28, 2020 
Thanks a lot for giving everyone an extremely superb possiblity to discover important secrets from this site. It is usually very superb plus packed with a good time for me personally and my office peers to search your blog really 3 times every week to study the fresh issues you will have. And definitely, we're actually fascinated with your good information you give. Some 3 ideas in this post are essentially the most beneficial we have ever had.
jordan 11
Reply kyrie irving shoes
6:06 PM on November 28, 2020 
I as well as my pals ended up going through the excellent things located on your site while all of a sudden developed a horrible feeling I had not thanked the website owner for them. All the young boys became so stimulated to see all of them and have undoubtedly been tapping into them. Thank you for actually being quite thoughtful and also for picking out these kinds of awesome ideas most people are really needing to learn about. My honest regret for not expressing appreciation to you sooner.
kyrie irving shoes