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Illegals pushing up SSI costs. Asylum for 50, Alex.
invite response
2024 Apr 17, 1:48pm 92 views 3 comments
Comments 1 - 3 of 3 Search these comments
1
clambo
2024 Apr 17, 2:28pm
They are going to tax the shit out of us to pay for the illegals.
Your only chance is having 2 million in a Roth IRA.
This assumes that they don't change the tax treatment of the Roth IRA, which is not certain.
As an alternative, or in addition to the Roth IRA, there is Vanguard Tax Managed Capital Appreciation Fund.
Your only chance is having 2 million in a Roth IRA.
This assumes that they don't change the tax treatment of the Roth IRA, which is not certain.
As an alternative, or in addition to the Roth IRA, there is Vanguard Tax Managed Capital Appreciation Fund.
2
HeadSet
2024 Apr 17, 2:41pm
HeadSet
2024 Apr 17, 2:41pm
clambo says
Or just deficit spend. The resulting inflation will put a serious dent in that $2million Roth IRA.
They are going to tax the shit out of us to pay for the illegals.
Or just deficit spend. The resulting inflation will put a serious dent in that $2million Roth IRA.
3
clambo
2024 Apr 17, 4:36pm
They will deficit spend and also tax the shit out of us.
A couple of million bucks in stocks tend to keep up with inflation somewhat.
Of course you can also have nothing, just keep working until you drop dead. I believe a lot of people are going to choose this option.
A couple of million bucks in stocks tend to keep up with inflation somewhat.
Of course you can also have nothing, just keep working until you drop dead. I believe a lot of people are going to choose this option.
For more information, please visit www.ssa.gov/news/press/releases.
UNDER WHAT CIRCUMSTANCES MAY A NONCITIZEN BE ELIGIBLE FOR SSI?
A noncitizen (also called an "alien" for immigration purposes) may be eligible for Supplemental Security Income (SSI) if he or she meets the requirements of the laws for noncitizens that went into effect on August 22, 1996. In general, beginning August 22, 1996, most noncitizens must meet two requirements to be potentially eligible for SSI:
- be in a qualified alien category; and
- meet a condition that allows qualified aliens to get SSI.
WHO IS A QUALIFIED ALIEN?
There are 7 categories of qualified aliens. You are a qualified alien if the Department of Homeland Security (DHS) says you are in one of these categories:
1. Lawfully Admitted for Permanent Residence (LAPR) in the U.S., which includes"Amerasian immigrant" as defined in P.L. 100-202, with a class of admission AM-1 through AM-8;
2. Granted conditional entry under Section 203(a)(7) of the Immigration and Nationality Act (INA) as in effect before April 1, 1980;
3. Paroled into the U.S. under Section 212(d)(5) of the INA for a period of at least one year;
4. Refugee admitted to the U.S. under Section 207 of the INA;
5. Granted asylum under Section 208 of the INA;
6. Deportation is being withheld under Section 243(h) of the INA, as in effect before April 1, 1997; or removal is being withheld under Section 241(b)(3) of the INA;
7. "Cuban or Haitian entrant" as defined in Section 501(e) of the Refugee Education Assistance Act of 1980 or in a status that is to be treated as a "Cuban/ Haitian entrant" for SSI purposes.
In addition, you can be a “deemed qualified alien” if, under certain circumstances, you, your child, or your parent were subjected to battery or extreme cruelty by a family member while in the United States.
UNDER WHAT CONDITIONS MAY A "QUALIFIED ALIEN" BE ELIGIBLE FOR SSI BENEFITS?
You may receive SSI for a maximum of 7 years from the date DHS granted you immigration status in one of the following categories, and the status was granted within 7 years of filing for SSI:
- Refugee under Section 207 of the INA;
- Asylee under Section 208 of the INA;
https://www.ssa.gov/ssi/spotlights/spot-non-citizens.htm