Showerthoughts

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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The best ones are thoughts that many people can relate to and they find something funny or interesting in regular stuff.

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Social Security Benefits Futures (lemmy.ml)

submitted 8 months ago* (last edited 8 months ago) by [email protected] to c/[email protected]

10 comments fedilink hide all child comments

How do I sell my rights to social security benefits? How can I buy someone else's?

The business could be marketed as a "Social Security Advance" and charge a percentage.

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[–] [email protected] 3 points 8 months ago

You are welcome to do the normal thing of getting a loan and using benefits to pay for it, which is basically what you are trying to to do but there are 2 separate institutions. One to track the payments to you and the other to track the payments to your loan.

If you want to buy someone's benefits, give an advanced loan or have them put the benefit payments into an escrow account that will pay out to you. You are trying to short circuit the system and there is no need or reason to. What you want to do is already available but it's using different financial instruments.