And coming from an employer's perspective (me and the company i own/run), this pension/401k is simple yet complicated. I keep telling my employees, ya gotta invest/watch/manage your money as well, DONT count on just your pension. Myself included. Most people will have SSI, and maybe a pension. Our investing goal for graduated incomes should be Pension, Roth's, SSI, and our personal investments (what i'm doing here and with real estate, in other words, income)
If you make over "X" in retirement, do you still qualify for SSI? my understanding is if you paid in, its "owed" to you....
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Mike
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