Page 9 - Social Securiyt - Re-Inventing It

THE BLA AT DIFFERENT INCOME LEVELS,
AND WHERE THE DOLLARS GO Member Owners

Community
• $25,000 INCOME
Current SS tax @$12.40 per $100 = $3,100 Investment Pod
AFCRA BLA @$4.16 per $100 = $1,040
Net gain with the AFCRA BLA = $2,060 C I P

• $75,000 INCOME
Current SS tax @$12.40 per $100 = $9,300
AFCRA BLA @$4.16 per $100 = $3,120
Net gain with the AFCRA BLA = $6,180

• $132,800 INCOME
Current SS tax @$12.40 per $100 = $16,647
AFCRA BLA @$4.16 per $100 = $ 5,744
Net gain with the AFCRA BLA = $10,723

• BREAKEVEN INCOME
$396,000 – No Tax Over Wage Cap Of $132,800
Current SS tax @$12.40 per $100 = $16,467 Individual Community
AFCRA BLA @$4.16 per $100 = $16,473 Investment Retirement
Net gain with the AFCRA BLA = $ 4 Account An ICIRA

• Excesses under the AFCRA proposal are deposited In a worker’s
local member owned Community Investment Pod or CIP

• The funds then are immediately credited to the worker’s new
Individual Community Investment Retirement Account, a portable
worker owned ICIRA managed, and held in the worker’s member
owned Community Investment Pod or CIP

Building Retirement Estates