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TEXIT: What Happens To Social Security Recipients After Texas Leaves The Union?

by SiteAdmin
March 10, 2024
in US Health Services
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I just turned 65 if Texas gets its independence what’s going to happen to my Social Security this is one of the most asked questions having to do with Texas and it’s one of the most important before looking at how Texas should handle this issue let’s take a look at

The Social Security system as it is now in the United States Social Security is a government program that workers been paying into for most of their working lives most people rightly count on this program is part of their retirement planning this program is an obligation of the federal government to those who

Paid into the system and therefore should be met without question as it is now Social Security recipients can move to a foreign country and still continue to collect their benefits so it shouldn’t be a problem for Texans to continue to receive their benefits any Texan who has paid into the Social

Security system and is currently receiving benefits should continue to receive them but what about younger Texans still paying into Social Security like many aspects of a process for Independence there will be negotiations on how things will be handled there are several things that need to be considered there have been many studies

And reports that show in eroding confidence in the federal government’s ability to meet its obligation as far as social security is concerned Texans will have to consider if they want to continue to pay into a retirement system that could dry up at any time any post referendum Texas Texas will

Need to think about Texans first while we can look for common ground in other areas of negotiation when it comes to Social Security Texas must take a no surrender approach as we said before since this is an obligation of the federal government to the people who paid into the system any

Texan who has paid into the system should be able to preserve their accrued benefits moving forward Texans who are currently paying into this system should be given an option to either continue to pay into the u.s. Social Security system or be given the option to opt out of

That program completely in favor of a voluntary retirement and pension system similar the one that already exists for state employees and educators there are other aspects that will need to be considered and will be part of the post exit negotiations such as allowing employers to seamlessly transfer workers

From one place to another without having them pay Social Security taxes in both countries this is currently a fairly common situation and is already being addressed with totalization agreements with other countries where US citizens are working the federal Social Security situation is actually a good reason to consider Texas

Independence as dismal as the projections have been for the Social Security system the fact that Texas pays far more to the federal government then it receives back in federal pension benefits means that an independent Texas may be the only way to ensure that your government will do and will be able to

Do the right thing more information on this and many other questions you may have about Texas independence are available online at the TNM org come join us

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