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#61
Feb 3 2025 06:08pm
Quote (MadMan87 @ Feb 3 2025 05:04pm)
(Married to)


Regardless she is the Area Manager for a bank. I think she’d know a little.

But let’s say this. If you don’t believe what I’m saying. What is your explanation for the documented increase of wait times to receive Social Security, Retirement and benefits related to such?

Do you believe it takes them longer today to process the info than it did 10-20-30-40 years ago because our technology is slower? What’s YOUR personal opinion?

Retirement benefits take longer today to receive.

Workman’s comp takes longer to receive.

Tax Returns take longer to receive(some people still don’t have last years).

What do YOU believe is causing these things in the US?


You can literally withdraw your 401k at any point in time. Early withdrawal is subject to taxation. There's no delay.

Should say age pending obviously if you pass that 59 and one half you good.

Tax returns are faster than ever. What the fuck are you talking about. With online tax filings it's down to 3 weeks for your return.

This post was edited by SBD on Feb 3 2025 06:10pm
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#62
Feb 3 2025 06:11pm
Yes you can! With a penalty. Absolutely. That penalty just feeds what I’m saying.

The banks and the US government are working together. 70%(maybe more I’d have to look up the exact %) of all US debt is owned or borrowed from other US entities.

But you are right as long as they get their cut you can have the rest all you want. That’s what they are banking on. You pulling out early or dying.
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#63
Feb 3 2025 06:14pm
Quote (MadMan87 @ Feb 3 2025 05:11pm)
Yes you can! With a penalty. Absolutely. That penalty just feeds what I’m saying.

The banks and the US government are working together. 70%(maybe more I’d have to look up the exact %) of all US debt is owned or borrowed from other US entities.

But you are right as long as they get their cut you can have the rest all you want. That’s what they are banking on. You pulling out early or dying.


You pay that because the initial amount is tax advantaged.....

You are talking well outside your depth. You eat a penalty because you enjoyed the benifit of tax defferal until the point of withdrawal. And if you cross that line of designated age there's no penalty. Essentially an incentive for people to have retirement funds and not blow it early. Thus not straining the future social security system with old people who have no money.

This is the very basics of what first world countries do for retirement accounts now.

This post was edited by SBD on Feb 3 2025 06:16pm
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#64
Feb 3 2025 06:15pm
Quote (MadMan87 @ Feb 3 2025 07:04pm)
(Married to)


Regardless she is the Area Manager for a bank. I think she’d know a little.

But let’s say this. If you don’t believe what I’m saying. What is your explanation for the documented increase of wait times to receive Social Security, Retirement and benefits related to such?

Do you believe it takes them longer today to process the info than it did tel:10-20-30-4010-20-30-40[/URL] years ago because our technology is slower? What’s YOUR personal opinion?

Retirement benefits take longer today to receive.

Workman’s comp takes longer to receive.

Tax Returns take longer to receive(some people still don’t have last years).

What do YOU believe is causing these things in the US?


Is defrauding these institutions more common now? I would guess that is the case, and that ruling out fraud in the internet era takes more time and work. This is just a guess tho, I have no information about it. What do you believe is causing it?
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#65
Feb 3 2025 06:28pm
Quote (Shadowoffury @ Feb 3 2025 06:15pm)
Is defrauding these institutions more common now? I would guess that is the case, and that ruling out fraud in the internet era takes more time and work. This is just a guess tho, I have no information about it. What do you believe is causing it?


I believe they are borrowing out of things to cover other flaws. HOWEVER I guarantee there are more fraud cases and this could actually be the issue as well.

We know for a fact a few things:

1. The US government regularly borrows out of social security.

2. The US government regularly bails out banks even though the government is already in debt.

3. The wait times for social security, Medicare and retirement benefits often take longer than the 2 weeks promised.

4. A lot of US citizens still haven’t received last years tax return.

The rest is speculation. Opinions. Theory.


It’s a nation of debtors.
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#66
Feb 3 2025 07:52pm
Quote (MadMan87 @ Feb 3 2025 06:28pm)
I believe they are borrowing out of things to cover other flaws. HOWEVER I guarantee there are more fraud cases and this could actually be the issue as well.

We know for a fact a few things:

1. The US government regularly borrows out of social security.

2. The US government regularly bails out banks even though the government is already in debt.

3. The wait times for social security, Medicare and retirement benefits often take longer than the 2 weeks promised.

4. A lot of US citizens still haven’t received last years tax return.

The rest is speculation. Opinions. Theory.


It’s a nation of debtors.


Your money is in the stock market. You can pull it out any time. Yes there is a penalty because you are getting a benefit of being able to grow the money you put in tax free.

Also dying doesnt just make the money disappear it goes to your beneficiary.

Taxes dont take a long time to pay out. I just filed mine 3 weeks ago and I got the money in 14 days.

Yes everyones money is used by banks and government. The money in the bank is used by the bank to lend out and they make money from lending out your money. Thats how it works.... Its a business.

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#67
Feb 3 2025 08:23pm
Quote (LongClip @ Feb 3 2025 07:52pm)
Your money is in the stock market. You can pull it out any time. Yes there is a penalty because you are getting a benefit of being able to grow the money you put in tax free.

Also dying doesnt just make the money disappear it goes to your beneficiary.

Taxes dont take a long time to pay out. I just filed mine 3 weeks ago and I got the money in 14 days.

Yes everyones money is used by banks and government. The money in the bank is used by the bank to lend out and they make money from lending out your money. Thats how it works.... Its a business.


Wait… where do you live that you already got yours? It must be a very basic tax return. No kids. No property.
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#68
Feb 3 2025 08:51pm
Quote (MadMan87 @ Feb 3 2025 08:23pm)
Wait… where do you live that you already got yours? It must be a very basic tax return. No kids. No property.


I own a home and have a small business. It not a "very basic tax return" good try though.
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#69
Feb 3 2025 09:41pm
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#70
Feb 3 2025 09:42pm
Quote (MadMan87 @ 3 Feb 2025 19:23)
Wait… where do you live that you already got yours? It must be a very basic tax return. No kids. No property.


Long as you file electronically and provide an account to wire returns, it's always fast. Typically my filings are auto-approved and I receive the wire to my account within 3 days of filing.

Doesn't even matter if it's complicated or not. If you do your taxes correctly, and aren't demanding paper checks, it shouldn't take any time at all.

At least for federal. State can be a pain in the ass, especially in Illinois and California.
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