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Social Security And
Black
America
We printed the following two articles in earlier print
issues. (We were then a biannual publication and now a
quarterly.) Though both contributors updated their contributions,
the explanations that both gentlemen present remain intact.
How
the Current Social Security System Rips Off African-AmericansPrivatization Can Work for Us (published in the November 2000 - April 2001 print issue) By Alvin Williams The average African American earning middle income wages for the next 50 years is likely to pay more than $700,000 in Social Security taxes. However, at retirement, these wage owners can only expect to get about $140,000 from the system in payments. (To read the concise, but complete article, click here.) Social Security,
Financial Planning and
You(published in the May 2003 - October 2003 print issue) By Chris Jenkins
For many of us, financial
planning holds a position of prominence on our proverbial
“to-do-lists.” In light of this, it is reassuring to know that
Social Security is working behind the scenes to help us build a healthy
financial future for ourselves. (To
read the concise, but complete article, click here.) |
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