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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: willcousa who wrote (59520)	5/16/2002 1:34:04 AM
From: ehasfjord	Read Replies (1) \| Respond to of 77397

There is a way around paying SS. I used it at the University of Illinois (Med. Center Campus) #A and at the Colo. Community College System #B. #A. Pay into the University retirement plan. You don't pay SS + if/when you leave, you get interest on the $ you put in + the amount you put in. The state amount stays in the state account. This was worth $17,500 to me and mine back in '72. Can you do the same with SS.... Nah, nay and nyet! #B. Pay into your Colorado Personal Retirement Account (PERA). You don't pay SS + you have one hell of a retirement plan which is MUCH better than anything the Government has to offer! In addition, put the max $ you can into a tax deferred account (such as TIA-CREF) + put the max $ you can into (one of many) 401K plans. I am not eligable for SS. Don't need to be. I have always objected to putting my $ down a f-ing rathole. THE GOVERNMENT SHOULD TAKE SOME LESSONS FROM THE STATE HIGHER EDUCATION/PUBLIC EMPLOYEES SYSTEMS!!!! Signed off, Retired @ 58 and having one hell of a good time. BTW, most states have plans similar to the afore mentioned. Take Care, one and all + don't depend on the feds to take care of you!