Monday, June 04, 2007

I now qualify for benefits...

Funny thing - I got a letter from the Social Security Administration today that said I have earned enough credits to qualify for benefits. That in and of itself is funny as this is the first year that I've qualified. Up until now I was always shy of the required credits - I haven't worked since 2000 and my credit earning came to a grinding halt. So, the little business I did this past year with IRW kicked me right over the limit, so now I qualify. He he for the really funny part. I qualify for $214 a month if I retire at 62, and a whopping $378 per month if I retire at 70. They base this estimate on what I made in 2005 ($0) and in 2006 ($2500), and something about my earnings potential, with the caveat that my earnings might increase or decline. Then, the letter goes on to say that the system is in trouble, that they will have to pay out more than what they'll collect when I'm near retirement age, yada yada yada. So, my $214 is threatened by the fact that we as a society aren't having enough kiddos? Hmmm...can't help out there, so I'll just waive adios to my $214. Oh well.

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